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SharpLink Gaming authorizes $1.5B stock buyback tied to Ethereum holdings #SharpLinkGaming , which holds the second-largest corporate #Ethereum treasury valued at $3.14 billion, has approved a $1.5 billion stock repurchase program. The company said buybacks will be considered when its shares trade at or below the net asset value of its Ether reserves. The move is aimed at increasing its $ETH -per-share ratio as part of a broader strategy centered on accumulating and staking Ether.
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Major asset managers update spot XRP ETF filings Several major asset managers, including #Grayscale , #Bitwise , #Canary , #CoinShares , #21Shares, and #WisdomTree, have submitted amended proposals for spot #XRP exchange-traded funds to the U.S. Securities and Exchange Commission. The updates include adjustments to creation and redemption structures, allowing for $XRP or cash creations and both cash and in-kind redemptions.
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COIN OF THE DAY $BIO #BIOProtocol
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