-60% p.a.
bt_headshoulder_sharpeopt_mixed
Introduction to our strategy no description yet Quick Summary Metric Value Return % p.a. -60 Days active 408 …
source: Cointelegraph
tickers affected by this
| ticker | polarity | why? |
|---|---|---|
| LTC-USD | positively | The positive sentiment and regulatory support for altcoins, as indicated by the trends and filings mentioned in the article, could drive increased interest and investment in Litecoin (LTC-USD). The broader acceptance of alternative cryptocurrencies in ETFs, along with the possibility of pro-crypto regulatory changes, may boost market confidence in LTC, potentially leading to a positive impact on its price. |
| META | positively | The ticker META will likely be positively affected by this development as the Move programming language, developed by Meta, is central to the Movement Network’s blockchain. Increased adoption and interest in the Movement Network, driven by the ETF launch and mainnet beta, could boost Meta’s technological relevance and potentially drive up investor interest in META stock. Additionally, the broader trend of crypto ETFs gaining traction could position Meta favorably in the evolving digital asset landscape. |
our strategies and bots using these tickers
newstrader , static-skfolio-max-sortino , c-bigtech-momentum , bt_headshoulder_sharpeopt_mixed , static-skfolio-denoised-cov-shrunk-expret
summary
Asset Manager REX-Osprey Eyes Launch of Move ETF as Movement Network Faces Launch
Asset manager REX-Osprey has announced plans to launch an exchange-traded fund (ETF) focused on holding the Movement Network’s native token, MOVE. This news coincides with the launch of Movement’s public mainnet beta, marking a significant milestone for the layer-2 (L2) blockchain network. The ETF filing is part of a broader trend of fund sponsors seeking to list ETFs comprising alternative cryptocurrencies, or “altcoins.” Movement, built on the Ethereum L2 blockchain using the Move programming language developed by Meta, has seen rapid growth. Its public mainnet has already locked in approximately $250 million in total value (TVL). The MOVE token, with a fully diluted value of around $5 billion, has gained significant attention in the crypto community. The ETF was part of the SEC filing that is focused on attracting traditional investors interested in gaining exposure to emerging blockchain technologies without directly handling tokens. Other recent filings include Bitwise’s application to list a spot Aptos ETF and Nasdaq’s request to list a Grayscale ETF holding the Polkadot network’s native token, DOT. These filings indicate a broader trend of interest in offering more diverse crypto-related investment options. Notable mentions include ETFs holding Litecoin (LTC), Solana (SOL), and Official Trump (TRUMP), among others. US President Donald Trump has expressed support for turning America into a global crypto leader, aligning his second term with pro-crypto regulatory appointments, including those in the SEC. Favorable conditions have increased the possibility of the SEC approving altcoin ETFs.
