Stacks co-founder Muneeb Ali wrote on the X platform that he and his family investment entity added $10 million in STX holdings yesterday. Muneeb Ali said that the BTC/STX ratio is the same as it was five years ago, and believes that Stacks technology is at an all-time high, and the Bitcoin L2 market opportunity is huge, but the relevant information is not financial advice.
SpaceX plans to launch a takeover offer in December to sell shares of its existing business at about $135 a share. SpaceX's financing package would value the company at more than $250 billion.
Franklin disclosed that its spot Ethereum ETF fee was 0.19%. As of the time of posting, the management fee for the Franklin Spot Ethereum ETF is the lowest in the industry for a congeneric product.
Invesco Galaxy has revealed that its spot Ethereum ETF fee is 0.25%.
Grey released a 2.5% fee for its spot Ethereum ETF.
Brazilian stock exchange B3 is considering expanding its local cryptocurrency trading options to offer ETH futures contracts to clients. The exchange, a pioneer in offering cryptocurrency-related trading products in Latin America, will focus on institutional investors looking to diversify their traditional or cryptocurrency portfolios with more options.