News
16 Aug 2025, 14:00
Grayscale Moves Forward With Dogecoin ETF Plan Under Ticker ‘GDOG’
Grayscale is pushing ahead with its bid to launch a Dogecoin exchange-traded fund, revealing the ticker “GDOG” in its latest US Securities and Exchange Commission filing . Key Takeaways: Grayscale has filed to convert its Dogecoin Trust into an ETF under the ticker GDOG on NYSE Arca. The SEC is reviewing multiple crypto ETF applications amid a more favorable regulatory climate under the Trump administration. Ether ETFs hit a record $17 billion in weekly volume as Bitcoin reached $124,000 and ETH neared its 2021 peak. The company said Friday it plans to rename its existing Grayscale Dogecoin Trust to the Grayscale Dogecoin Trust ETF. If approved, the fund would list on NYSE Arca, which has already filed paperwork to support the listing. “The Shares are expected to be listed on NYSE Arca under the ticker symbol ‘GDOG,’” the filing stated. Grayscale Joins Growing Race for Crypto ETF Approvals Grayscale’s proposal enters a crowded field. Competitors Rex-Osprey and Bitwise have also submitted applications for similar products as the SEC weighs dozens of crypto ETF requests. Recent filings cover a wide spectrum, from SOL- to XRP-tracking funds, reflecting a shifting regulatory climate under the Trump administration. The SEC’s tone toward crypto ETFs has warmed considerably over the past year. In July, the agency approved in-kind creations and redemptions for crypto ETFs and gave the green light for applications to list and trade spot Bitcoin and Ethereum ETFs, along with options on certain spot Bitcoin ETPs. That shift follows a pivotal court win for Grayscale during the Biden era, which paved the way for spot Bitcoin ETFs in January 2024 and spot Ether ETFs later that year. The market for US-based spot Bitcoin and Ether ETFs is now booming. ETF analyst Eric Balchunas reported last week was the strongest yet for combined trading volume, driven largely by a surge in Ether ETF activity. Weekly Ether ETF volume hit $17 billion, a new record, coinciding with Bitcoin’s climb to an all-time high of $124,000 and Ether’s near-return to its November 2021 peak. Spot Bitcoin + Ether ETFs did about $40b in volume this week, biggest week ever for them, thanks to Ether ETFs stepping up big. Massive number, equiv to a Top 5 ETF or Top 10 stock's volume. pic.twitter.com/Z89uV63A3w — Eric Balchunas (@EricBalchunas) August 15, 2025 Ether ETFs have pulled in over $3 billion in net inflows in the first half of August alone, their second-strongest month since launch. Balchunas noted the products had been “asleep” for nearly a year before cramming a year’s worth of trading into six weeks. Bitcoin ETFs Hit $73.6K as Analysts Draw Parallels to Ether Rally Bitcoin ETFs, meanwhile, have also posted fresh highs, with prices reaching $73,679 within two months of launch earlier this year. Analysts see parallels between Ether’s current rally and Bitcoin’s surge after its ETF debut. “This move is comparable to the BTC ETF launch, when Bitcoin continued to rally upward,” said MN Trading Capital’s Michaël van de Poppe, predicting more upside for altcoins. $ETH has surged more than 100% in less than two months. This move is comparable to the $BTC ETF launch, when #Bitcoin continued to rally upwards. We'll likely see a new ATH for $ETH and then some consolidation. There's way more to come for this cycle. pic.twitter.com/Ah4hZkPecK — Michaël van de Poppe (@CryptoMichNL) August 12, 2025 Still, some warn that Ether’s all-time high may not arrive immediately. Nansen’s Jake Kennis suggested it could take weeks or months, even with ETH now just a few hundred dollars shy of a new record. Meanwhile, the SEC has extended its review period for two Solana ETFs filings to October 16, 2025. The SEC said that the extension allows “sufficient time to consider” Solana ETF proposals from Bitwise and 21Shares, which were originally due on August 17. The post Grayscale Moves Forward With Dogecoin ETF Plan Under Ticker ‘GDOG’ appeared first on Cryptonews .
16 Aug 2025, 13:58
LATAM crypto: Blockchain adoption grows, while FIRU debuts on global exchange
LATAM is establishing itself as a vital hub in the global bitcoin ecosystem, with new milestones demonstrating both rapid acceptance and rising creativity. This week’s highlights include an increase in blockchain use cases across the region, ranging from remittances to financial inclusion, as well as the international listing of the FIRU token on Coinstore, a project that began in Peru and is now receiving global awareness. These initiatives not only highlight the region’s Web3 leadership but also demonstrate how local requirements and legislative shifts are driving the next wave of crypto growth in Latin America. LATAM as a strategic hub for blockchain: report Latin America has emerged as a global leader in blockchain adoption , propelled by a pressing need to address social and economic issues. According to Sherlock Communications’ Blockchain in Latin America Report 2025, the region is using Web3 technology to increase financial inclusion, automate remittances, and tokenise assets. Countries such as Mexico are seeing tremendous adoption driven by record-breaking remittance volumes, with companies like Bitso and Félix Pago processing billions of dollars via crypto channels. Beyond banking, blockchain is being investigated for election audits, real estate tokenisation, and even social efforts such as transparent donation monitoring. According to the report, Brazil, Argentina, and Mexico have the most established ecosystems, with Colombia and Peru emerging as new players. Ethereum dominates on-chain activity in the region, accounting for more than 75% of transactions, followed by Polygon (20%). Argentina is notable for utilising stablecoins as a hedge against inflation, while Brazil leads in user adoption with 25 million crypto investors. Despite the fragmented regulatory framework, momentum is building, fueled by institutional interest and new companies. However, the paper advises that financial education, regulatory clarity, and tax regimes are still critical for maintaining trust and long-term adoption. FIRU token listing: expanding blockchain for animal welfare Today (Aug 16), World Animal Registry will achieve a significant milestone by listing its FIRU cryptocurrency on the worldwide exchange Coinstore. The program, founded in Peru as Firulaix, uses blockchain to register animals using ISO-certified microchips, store structured data on IPFS, and record unique identifiers on smart contracts. The project ensures transparency, traceability, and global accessibility by using FIRU as an ERC-20 utility token and managing unique animal IDs according to ERC-721 standards. I It has already been adopted in Latin America, Spain, and the United States, where microchipping regulations allow for seamless integration. Currently, the platform manages over 12,000 registrations and works with over 100 veterinary clinics, with plans to expand into farm and exotic animal records. Beyond dogs, it has developed digital IDs for veterinarians, protected clinical histories, and allowed for frictionless cross-border ownership transfers. With the Coinstore listing, NGOs and shelters worldwide will have direct access to FIRU for donations and payments, bolstering animal welfare efforts. Future ambitions include building its blockchain—a Celo fork—and delivering platform 3.0, which will integrate veterinary management systems with payments and traceability, firmly establishing FIRU as a cornerstone of animal care innovation. The rise of Bitcoin self-custody in El Salvador Since El Salvador adopted Bitcoin as legal tender in 2021, self-custody has emerged as a key subject in the discussion over financial independence and security. Ronny Avendaño, a Salvadoran reared in Canada, founded The Bitcoin Hardware Store in Playa El Zonte with Jamie Robinson in 2024 to address the lack of local access to technical items such as hardware wallets and nodes. The store not only offers open-source devices like Blockstream Jade and SeedSigner, but it also acts as a learning centre, hosting workshops on the significance of keeping private keys and comprehending Bitcoin’s unique worth. Interest in self-custody surged after the government’s Chivo wallet was shut down, causing many citizens to explore alternate ways to preserve their cash. Today, Salvadorans make up roughly 30% of the store’s customer base, a departure from its early foreign clientele. Avendaño sees hardware wallets as a long-term investment in security, despite their high initial cost of roughly $100. His ambition is to extend stores nationally within five years, with support from local communities and free instructional classes in both Spanish and English, helping individuals to attain true financial independence through Bitcoin. The post LATAM crypto: Blockchain adoption grows, while FIRU debuts on global exchange appeared first on Invezz
16 Aug 2025, 13:55
2 altcoins to turn $100 into $10,000
The ongoing cryptocurrency bull run has shifted attention to the start of altcoin season, with several assets showing strong potential. To this end, Finbold has identified two altcoins worth buying now for $100 each, with the potential to turn into $10,000. Kaspa (KAS) Kaspa ( KAS ) remains a unique investment opportunity thanks to its blockDAG architecture, designed to process transactions more quickly and efficiently. At press time, KAS was trading at $0.089, with the asset facing major resistance between $0.10 and $0.11. KAS one-week price chart. Source: Finbold In terms of growth potential, Kaspa is gaining momentum ahead of its upcoming smart contract debut set for August 31, a milestone that could drive adoption into new areas such as DeFi and real-world applications. This development could propel KAS into the spotlight and allow it to compete with established players like Ethereum and Solana, with the current bull cycle serving as a key catalyst for further growth. Aptos (APT) Aptos ( APT ), on the other hand, is carving out a space in the competitive smart contract landscape. At the time of reporting, Aptos was trading around $4.68, though the short-term remains weighed down by bearish sentiment in line with the broader market. In this case, analysts are watching the $4.65 support level closely, with a breakout likely if Aptos clears resistance in the $4.85 to $5 range. APT one-week price chart. Source: Finbold Despite recent token unlocks that introduced new supply, the price has shown resilience, reflecting steady demand. The network continues to expand its ecosystem through DeFi integrations, hackathons, and real-world asset experiments. If these fundamentals prove strong enough, both assets could emerge as key players in the altcoin season. While market volatility remains a risk, Kaspa and Aptos stand out as ideal bets in the race to turn $100 into $10,000. Featured image via Shutterstock The post 2 altcoins to turn $100 into $10,000 appeared first on Finbold .
16 Aug 2025, 13:54
Stellar (XLM) Price Prediction for August 16
Can decline of Stellar (XLM) lead to test of $0.40 zone soon?
16 Aug 2025, 13:53
Trump’s Tariff Suspension Until 2025: Potential Market Implications for Bitcoin Amid Ongoing US-China Trade Talks
President Trump’s suspension of increased tariffs on China aims to stabilize economic relations amid ongoing trade tensions, keeping a baseline 10% tariff intact. This move currently shows no immediate disruption
16 Aug 2025, 13:46
The Company That Made Bitcoin Spot ETFs Possible Now Makes a Major Move with Dogecoin (DOGE)
Cryptocurrency asset management firm Grayscale has filed for an exchange-traded fund (ETF) for Dogecoin. The latest filing with the U.S. Securities and Exchange Commission (SEC) states that the fund will trade on the NYSE Arca under the ticker symbol “GDOG.” Grayscale announced that it has renamed its existing Grayscale Dogecoin Trust fund to Grayscale Dogecoin Trust ETF. If the company's application is approved, the fund will be listed on NYSE Arca. Grayscale isn't the only company seeking SEC approval for its Dogecoin ETF. Rex-Osprey and Bitwise have also filed similar applications. These developments reflect the SEC's softening of its approach to cryptocurrency ETFs under the new administration. Related News: New Document Submitted to Court in Ripple-SEC Case - What is the Latest Situation for XRP? Over the past year, the SEC has made significant strides, particularly in the ETF space. In July, the agency adopted regulations for crypto ETFs that allow authorized participants to create and redeem them with crypto assets instead of cash. It also authorized options trading for spot Bitcoin and Ethereum ETFs, as well as certain spot Bitcoin ETPs. Grayscale played a critical role in the spot Bitcoin ETF approval process following its previous lawsuit victory. The SEC's approval of spot Bitcoin ETFs and then Ethereum ETFs during the Biden administration are considered key steps in this transformation. *This is not investment advice. Continue Reading: The Company That Made Bitcoin Spot ETFs Possible Now Makes a Major Move with Dogecoin (DOGE)
