According to Odaily, market reports indicate that 21Shares has successfully registered its Polkadot Trust Fund in the state of Delaware. This development marks a significant step for 21Shares as it continues to expand its offerings in the cryptocurrency investment space. The registration of the Polkadot Trust Fund is expected to provide investors with more opportunities to engage with the Polkadot ecosystem, which has been gaining traction in the blockchain industry. Polkadot, known for its interoperability and scalability, has attracted attention from both institutional and retail investors looking to diversify their portfolios with innovative blockchain solutions. 21Shares, a prominent player in the cryptocurrency investment sector, has been actively working to broaden its range of products to meet the growing demand for digital asset investments. The establishment of the Polkadot Trust Fund in Delaware is part of this strategic expansion, aiming to offer investors a regulated and secure way to invest in Polkadot. This move aligns with the broader trend of increasing institutional interest in cryptocurrencies, as more traditional financial entities seek to incorporate digital assets into their investment strategies. By registering the Polkadot Trust Fund, 21Shares is positioning itself to capitalize on this trend and provide its clients with access to one of the most promising blockchain networks in the market.

According to market news, disclosed regulatory documents show that 21Shares has registered its Polkadot Trust in Delaware. It is reported that the name of the trust product is "21SHARES POLKADOT TRUST".

IMF spokesperson Kozak has reaffirmed that Bitcoin usage in El Salvador, where it is recognized as legal tender, remains entirely voluntary. This clarification addresses concerns about mandatory adoption within the country.Kozak also commented on the U.S. economic outlook, noting a cooling labor market alongside inflation rates that, while higher than anticipated, are gradually aligning with the Federal Reserve’s 2% target. Given the uncertainty, he emphasized that the Federal Reserve should adjust its rate-cutting pace and magnitude based on future economic data.

IMF spokesperson Kozak has declined to comment on former President Donald Trump's proposed U.S. strategic Bitcoin reserve plan. Kozak stated that the International Monetary Fund would conduct a comprehensive assessment of the policy only if and when it is implemented. 

The International Monetary Fund (IMF) has called on the Federal Reserve to remain flexible in its approach to interest rate cuts amid ongoing economic uncertainty. IMF spokesman Kozak emphasized that the pace and magnitude of future rate cuts should be data-driven to effectively respond to evolving economic conditions, according to Jinshi Data.

According to PANews, Franklin Templeton has submitted an application to the U.S. Securities and Exchange Commission (SEC) for a cryptocurrency index exchange-traded fund (ETF) focused on Bitcoin and Ethereum. This move marks a significant step for the investment management company as it seeks to expand its offerings in the digital asset space.The proposed ETF aims to provide investors with... source: https://www.binance.com/en/square/post/17783306822330?utm_source=BinanceNewsRSS

According to data from Coinglass, the crypto market experienced liquidations exceeding $75.14 million within the past hour. Notably, long positions accounted for the majority, with $70.04 million liquidated, while short positions saw $5.10 million in liquidations. source: https://www.binance.com/en/square/post/17782778423081?utm_source=BinanceNewsRSS

According to CoinDesk, the CoinDesk 20 Index experienced a minor decline, closing at 3644.43, which marks a 0.3% decrease, equivalent to a drop of 9.33 points since 4 pm ET on Wednesday. This index, which is a comprehensive measure of the cryptocurrency market, reflects the performance of 20 major digital assets traded across various platforms worldwide. In the latest market update, only four... source: https://www.binance.com/en/square/post/17782709871113?utm_source=BinanceNewsRSS

According to Arkham monitoring, Grayscale has executed significant Ethereum transfers totaling 17,584 ETH. The transfers, recorded approximately 20 minutes ago, include:Grayscale Mini Trust Fund: Transferred 4,241 ETH, valued at $15.37 million, to the Coinbase Prime Deposit address.Grayscale Main Account: Transferred 13,343 ETH to Coinbase Prime's hot wallet address. source: https://www.binance.com/en/square/post/17782707526498?utm_source=BinanceNewsRSS