Saylor points to AI as the cause of the bitcoin crash. Arca has a simple response: Nonsense.
Bitcoin’s Recent Decline: A Mixed Bag of Blame Recently, Bitcoin saw a significant drop, attributed by Michael Saylor, chair of Strategy, to the surge in AI spending. However, the investment firm Arca disagrees and points the finger back at Saylor himself. In a weekly update, Jeff Dorman, Arca’s chief investment officer, asserted, “The selling pressure […]
Bitwise Moves Crypto Index Fund to NYSE Arca
BITW Launches as Major Crypto Index Fund BITW, established in 2017, features the top 10 cryptocurrencies by market cap, utilizing a strategy of ongoing screening and monthly rebalancing, as highlighted in a recent announcement. This fund aims to provide investors with diversified exposure to the cryptocurrency market. According to Bitwise’s chief information officer, many investors […]
Grayscale Solana Trust ETF (Ticker: GSOL) Introduces Staking on NYSE Arca
Grayscale Solana Trust ETF Launches on NYSE Arca STAMFORD, Conn., Oct. 29, 2025 — Grayscale Investments has kicked off trading for its Grayscale Solana Trust ETF (ticker: GSOL) on the NYSE Arca, marking a significant step for the digital asset investment landscape. This introduction aligns with new listing standards approved by the U.S. Securities and […]
Cboe and NYSE Arca seek to simplify crypto ETF listings by requesting a change in SEC rules.
CBOE Proposes Framework for Crypto Fund Listings The Chicago Board Options Exchange (CBOE) is considering a request for a rule change with the Securities and Exchange Commission (SEC). This change would allow crypto fund issuers to list their products under a single framework, potentially bypassing the need for separate approvals for each new fund. ETF […]
Arca executive curses Circle in letter criticizing its IPO
Criticism of Circle’s IPO Allocation The Circle has come under fire from Jeff Dorman, the chief investment officer at Arca, a digital asset investment firm, regarding a $135,000 allocation to the company during a recent initial public offering (IPO) by the Stablecoin issuer. In a letter shared on social media, Dorman criticized Circle’s leadership for […]