🌐 Global Market Highlights
Bitcoin's Strategic Reserve: President Trump signed an executive order establishing a Strategic Bitcoin Reserve, positioning the U.S. as a major holder of Bitcoin with approximately 200,000 BTC. This move aims to bolster the nation's financial infrastructure and influence in the digital asset space.
Ethereum ETF Developments: Grayscale is advocating for the SEC to approve an Ethereum ETF that includes staking, which could unlock additional value for investors and potentially drive ETH's price towards the $2,000 mark.
XRP Futures Launch: CME Group announced plans to launch cash-settled futures contracts for XRP on May 19, 2025, subject to regulatory approval. This initiative reflects growing institutional interest in altcoins and aims to provide more diversified investment options. Reuters
