US stock market closes, Nasdaq up 1.5%
At the close of the US stock market, the Dow Jones Industrial Average rose 0.77%, the Nasdaq rose 1.5%, and the S&P 500 index rose 1.04%.
According to Onchain Lens monitoring, World Liberty Finance, supported by Trump, has completed multiple on chain transactions in the past 3 hours Spend 1.41 million USDC to purchase 2527257 MOVE Spend 5 million USDC to purchase 52 WBTC Convert 2221 ETH (5.93 million US dollars) to stETH and deposit it in Lido for staking Send 5 million USDC to Aave V3 for borrowing purposes
According to Fox Business reporter Eleanor Terrett, the US Securities and Exchange Commission (SEC) has officially accepted Grayscale and NYSE's 19b-4 application to convert Grayscale XRP Trust into an exchange traded fund (ETF). Although this does not mean automatic approval, nor can it guarantee that the SEC will ultimately approve the application, this development demonstrates the SEC's more open attitude towards cryptocurrency ETFs, rather than directly refusing to consider such products. Previously, due to the SEC's tough stance, the exchange had withdrawn its Solana (SOL) ETF application. However, the SEC's acceptance of XRP ETF applications indicates that cryptocurrency ETFs such as LTC, DOGE, SOL, and XRP still have the possibility of approval. The SEC expects to publish the application in the Federal Register within a few days, and the 240 day approval window will officially open. In addition, XRP ETF applications from institutions such as Bitwise, 21Shares, Canary Funds, and WisdomTree are still awaiting SEC processing.
Binance AAVE/USDT's perpetual trading volume surged 12 times within 10 minutes, with a turnover of $172 million in the past 24 hours, an increase of 1.75%. A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements.
The updated fourth quarter 13F position file of Bridgewater Fund shows that its total position size at the end of the fourth quarter was 21.8 billion US dollars, an increase of 4.1 billion US dollars from the third quarter. In terms of reducing holdings, it sold 1.25 million shares of Nvidia (NVDA. O) and 750000 shares of Google A in the fourth quarter, while reducing holdings of Meta, Microsoft, Apple, and Amazon. Among them, the largest reduction in holdings was in Apple, reaching 40% or 410000 shares; In terms of increasing holdings, Bridgewater bought nearly 7.4 million shares of S&P 500 ETF-SPDR, with an increase of 883%. At the same time, it also increased its holdings of AMD, PayPal, eBay, Robinhood, and Qualcomm. It is worth mentioning that Bridgewater also invested 150000 shares in Tesla (TSLA. O).
According to a filing with the US Securities and Exchange Commission (SEC), NYSE Arca has submitted a revised rule change application to the SEC to list and trade Grayscale Dogecoin Trust (GDOG) stock on its exchange. The trust fund is operated by Grayscale Investments and managed by Coinbase Custody for Dogecoin (DOGE). The investment objective of a trust fund is to have its stock value reflect the DOGE price and rely on the CoinDesk Dogecoin Price Index (DCX) for pricing. At present, the management fee of the trust is 2.5%. This application still requires SEC approval and public opinion solicitation procedures.