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DTCC lists Solana, XRP, and Hedera ETFs as SEC verdicts near

Three spot cryptocurrency exchange-traded funds for Solana, Hedera, and XRP from issuers Fidelity Investments and Canary Capital have made their way into the Depository Trust & Clearing Corporation’s National Securities Clearing Corporation list ahead of a potential launch that is pending regulatory approval. Summary Fidelity’s Solana ETF and Canary’s XRP and Hedera ETFs were listed…

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Ethena withdraws from Hyperliquid’s USDH stablecoin race

Ethena Labs has stepped back from Hyperliquid’s USDH stablecoin issuance competition after acknowledging community concerns about its position as a non-native team. Summary Ethena pulled its USDH stablecoin proposal after validators raised concerns about its non-native status and broader ambitions. The rival Native Markets team is now favored to lead stablecoin issuance on Hyperliquid. Ethena…

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Figure stock pops after IPO, but Klarna, Circle, Bullish crash call for caution

Figure stock price surged by over 44% after its initial public offering, pushing its market capitalization to over $7.8 billion. Summary Figure Technology stock price jumped after its IPO. The company’s market cap jumped to $7.8 billion.  Recent IPOed companies like Klarna, Circle, and Bullish have erased initial gains. Figure stock jumps after IPO Figure…

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