Grayscale Introduces XRP Trust on NYSE Arca

Grayscale has launched its XRP Trust (GXRP) on the New York Stock Exchange Arca, providing investors with a new regulated vehicle to gain exposure to XRP. To attract early capital, the firm is offering a promotional 0% fee until February 2026 or until the trust amasses $1 billion in assets. The launch of GXRP brings the number of XRP-focused investment funds trading in the United States to four.

WLFI Token Shows Signs of Recovery

The WLFI token is gearing up for a potential rebound following a recent price dip, as large buyers have reportedly been accumulating the asset at lower prices. This activity has fueled renewed investor interest, pushing the token’s trading volume up by 8% and suggesting a possible shift in market sentiment.

San Francisco Resident Robbed of $11 Million in Crypto

In a brazen crime, a San Francisco resident was robbed of $11 million in cryptocurrency at gunpoint by a perpetrator posing as a delivery driver. The incident underscores a troubling increase in violent crimes targeting digital asset holders, with reports suggesting that such attacks have roughly doubled in 2024 compared to previous years.

Arthur Hayes Predicts Bitcoin Dip Before Fed Policy Shift

BitMEX co-founder Arthur Hayes forecasts that Bitcoin (BTC) could dip below the $80,000 mark before the U.S. Federal Reserve halts its quantitative tightening (QT) policy. Hayes anticipates the policy shift will occur around December 1. Despite his short-term bearish prediction, he also noted that market liquidity is already showing early signs of improvement.