Bloomberg Analyst: Bitwise has submitted Hyperliquid ETF application to the US SEC

The post Adam Wainwright Takes The Mound Again Honor Darryl Kile appeared on BitcoinEthereumNews.com. Adam Wainwright of the St. Louis Cardinals in the dugout during the second inning against the Miami Marlins at Busch Stadium on July 18, 2023 in St. Louis, Missouri. (Photo by Brandon Sloter/Image Of Sport/Getty Images) Getty Images St. Louis Cardinals lifer Adam Wainwright is a pretty easygoing guy, and not unlikely to talk with you about baseball traditions and barbecue, or even share a joke. That personality came out last week during our Zoom call when I mentioned for the first time that I’m a Chicago Cubs fan. He responded to the mention of my fandom, “So far, I don’t think this interview is going very well.” Yet, Wainwright will return to Busch Stadium on September 19 on a more serious note, this time to honor another former Cardinal and friend, the late Darryl Kile. Wainwright will take the mound not as a starting pitcher, but to throw out the game’s ceremonial first pitch. Joining him on the mound will be Kile’s daughter, Sierra, as the two help launch a new program called Playing with Heart. “Darryl’s passing was a reminder that heart disease doesn’t discriminate, even against elite athletes in peak physical shape,” Wainwright said. “This program is about helping people recognize the risks, take action, and hopefully save lives.” Wainwright, who played for the St. Louis Cardinals as a starting pitcher from 2005 to 2023, aims to merge the essence of baseball tradition with a crucial message about heart health. Kile, a beloved pitcher for the Cardinals, tragically passed away in 2002 at the age of 33 as a result of early-onset heart disease. His sudden death shook the baseball world and left a lasting impact on teammates, fans, and especially his family. Now, more than two decades later, Sierra Kile is stepping forward with Wainwright to…

The crypto market is heating up even with some daily swings, and a few mid-cap projects are starting to stand out. These are projects with market values in the hundreds of millions, not tiny micro-caps or giant blue chips.  Right now, three names in particular are drawing attention. Each is working in a different area

The post Ethereum staking ETF goes live in the US through REX-Osprey appeared on BitcoinEthereumNews.com. Rex-Osprey has successfully launched the first Ethereum staking ETF in the United States.  The new fund distinguishes itself as the first US ETF to pair spot ETH exposure with direct staking payouts. REX-Osprey passes Ethereum rewards to investors According to the release, the new ETF fund gives investors exposure to spot Ethereum while passing through monthly staking rewards. It holds a mix of directly staked ETH and exchange-traded products (ETPs) that also stake ETH. All ETH staking rewards are passed to investors, with none retained by Rex or Osprey. The ETH fund trades under the ticker ESK and is structured under the 1940 Act. Greg King, the CEO of REX Financial, said, “With ESK, we’re giving investors access to Ethereum plus staking rewards in the most broad-based US ETF format.” He explained that the launch of ESK is a continuation of the joint venture work of “introducing crypto staking through the ETF structure.” REX-Osprey is a partnership between REX Shares and Osprey Funds. The joint venture focuses on launching crypto-focused ETFs that give investors regulated access to digital assets. Competitors like BlackRock, Fidelity, and Franklin Templeton are still waiting for approval from the SEC. The Securities and Exchange Commission postponed rulings on staking features for Ethereum funds filed by these companies. Spot Ethereum ETFs in the US already manage close to $25 billion, with BlackRock’s ETHA holding the largest share. On September 25, Bitcoin ETFs recorded strong inflows, while Ethereum funds saw continued outflows. Bitcoin ETFs added more than $149 million in new money, led by BlackRock’s IBIT product. Ethereum ETFs lost about $79 million, showing weaker demand as investors pulled capital from ETH funds. Dogecoin and XRP ETFs go live through Rex-Osprey Last week, Rex-Osprey launched the first US based Dogecoin and XRP ETFs. The Dogecoin ETF trades under…