Bloomberg
Canarary Capital’s XRPC, a spot XRP ETF, logged $58 million in day-one trading — the largest ETF launch so far in 2025, according to Bloomberg analyst Eric Balchunas. The volume underscores renewed investor appetite for spot crypto ETFs tied to major tokens.
Thinking Machines Lab, the AI startup founded by ex-OpenAI executive Mira Murati, is reportedly in early talks to raise a funding round at about a $50 billion valuation, Bloomberg said Thursday. The company and valuation are still unconfirmed as talks continue.
Canary Capital's first U.S. spot XRP ETF begins trading today, with Bloomberg analyst Eric Balchunas forecasting roughly $17 million in first-day volume. The debut marks a notable step for XRP's market access and liquidity.
Veteran investor Jim Chanos told Bloomberg Markets he is "agnostic" on Bitcoin, stopping short of a clear bull or bear call. His comments highlight continued institutional caution around the crypto market.
Bloomberg Intelligence strategist Mike McGlone says Bitcoin’s recent underperformance could deepen and potentially push BTC toward $50,000 in the coming months. Traders should watch macro flows, ETF activity and on-chain stress signals for confirmation.