U.Today Crypto Digest: Ripple Gets Major EU License Approval, Shiba Inu (SHIB) Price Teases 22% Golden Cross Breakout, Bitwise Launches Chainlink (LINK) ETF

TL;DR:

Crypto news digest: SHIB nears golden cross; Ripple has scored a major regulatory win; Bitwise launches Chainlink ETF.

Key Points:

Background:

Exchange-Traded Funds (ETFs) are investment vehicles that track cryptocurrency prices and trade on traditional stock exchanges. Bitcoin and Ethereum ETF approvals have been major milestones for crypto adoption, allowing institutional and retail investors to gain exposure without directly holding digital assets.

Why It Matters:

ETF approvals are significant because they provide regulated access to cryptocurrency investments for traditional finance investors, potentially bringing billions in new capital to the crypto market. They also signal regulatory acceptance and legitimization of digital assets as an investment class.