Crypto Weekly Roundup: Ethereum Prepares For Pectra, XRP Prepares For ETFs, & More
The post Crypto Weekly Roundup: Ethereum Prepares For Pectra, XRP Prepares For ETFs, & More appeared on BitcoinEthereumNews.com.
The past week witnessed BlackRock expanding its Bitcoin investment offerings in Europe, while Ethereum preparing for its Pectra upgrade, as major asset managers filed for spot XRP ETFs, signaling growing institutional adoption. Regulatory shifts under the Trump administration saw the SEC scaling back crypto enforcement, Tornado Cash developer Alexey Pertsev released under monitoring, and stablecoin legislation gaining priority. Let’s dig deeper. Bitcoin BlackRock is set to launch a Bitcoin ETP in Europe, expanding its crypto investment offerings beyond the U.S. amid growing institutional demand and evolving European regulations. Europe is continuing to follow the path towards Central Bank Digital Currencies (CBDCs) despite the recent sea change in the United States, sparked by President Trump’s new administration. Ethereum The Pectra upgrade, set for testnet implementation in February and March, aims to enhance scalability, reduce costs, and improve staking processes, with a potential mainnet release in April. DeFi On February 6, the event that the alliance behind Singularity Finance has been working feverishly towards for months manifested in the launch of $SFI. Altcoins In the high-potential altcoins space, FXGuys is making a name for itself as one of the most promising Top PropFi Projects, with the presale surpassing $3.7 million in Stage 2. The best blockchain projects to invest in are redefining the crypto market, bringing innovation, strong community support, and real use cases. Business Leading asset managers WisdomTree, Bitwise, 21Shares, and Canary Capital have filed for spot XRP ETFs with the Cboe BZX Exchange, marking a significant step toward institutional crypto adoption amid evolving SEC regulations. Web3 The Tezos-based tokenization platform Fraktion is set to push forward the concept of fractional ownership for high-value assets such as real estate and precious stones after raising $1.1 million in seed funding. Leading crypto-native travel booking service, Travala announced its partnership with Trivago, a…
Filed under: News - @ February 9, 2025 11:18 pm