Crypto Market Highlights: Bitcoin Miners ETF Launch and FOMC Update
- Grayscale launched the Bitcoin Miners ETF (MNRS) to support BTC mining, offering passive exposure via the Indxx Bitcoin Miners Index.
- Grayscale filed for spot XRP ETF with NYSE and previously filed for a Litecoin ETF with the US SEC.
- The US FOMC meeting concluded with no interest rate cut, keeping rates between 4.25% and 4.50%.
- Tesla CEO Elon Musk promoted Dogecoin (DOGE), linked to government efficiency savings of $1 billion daily.
- MUSKIT coin surged by 262.73% in value, with trading volume increasing by 7723.53% after Errol Musk’s funding announcement.
This week saw significant developments in the crypto market, including Grayscale’s launch of the Bitcoin Miners ETF (MNRS) and filings for other crypto ETFs. The US FOMC maintained interest rates, while Elon Musk’s DOGE promotion drew attention amid government savings efforts.
Source (2.6)https://coingape.com/crypto-market-this-week-altcoins-etf-filings-us-fomc-elon-musk-doge-push/?rand=24432
