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New Grayscale ETF holds multiple cryptocurrencies together, combining bitcoin, Solana and others
Grayscale Investments has brought a new twist to crypto investing, rolling out the first multi-token exchange-traded product available in the U.S. The Grayscale CoinDesk Crypto 5 ETF begins trading Friday on NYSE under the ticker GDLC. The fund bundles together the five largest and most liquid digital assets — bitcoin, ether, XRP, Solana, and Cardano. These five tokens capture more than 90% of the market capitalization of the digital-asset class, according to Grayscale. “We are ushering in the age of crypto index investing,” Peter Mintzberg, CEO of Grayscale, told CNBC. “We are typically in the first mover ... (full story)
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From cnbc.com|Sep 19, 2025|4 commentsThe New York Department of Taxation and Finance will soon send the state’s “first-ever inflation refund” checks. New York Governor Kathy Hochul first announced the program in May. ...
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From @RedboxWire|Sep 19, 2025|4 commentsUS House Passes Temporary Funding Bill, Sends to Senate for Review
House passes GOP bill to avert a shutdown, but Senate looks likely to reject it The Republican-controlled House on Friday passed a stopgap bill to fund the government until just before Thanksgiving, daring Democrats in the Senate to reject the measure and risk a shutdown at the end of this month. The vote was 217-212, with one Democrat joining Republicans voting yes. Two Republicans, and all other Democrats, voted against the bill. The short-term funding bill, known as a continuing resolution or CR, now heads to the Senate, where Minority Leader Chuck Schumer, D-N.Y., and other Democrats have vowed to defeat it and have offered their own competing funding plan. Both measures are expected to be rejected when they come to the Senate floor later Friday. What happens next is uncertain. To overcome a filibuster, 60 votes are needed in the Senate, meaning any bill to avert a shutdown and buy appropriators more time to strike a longer-term funding deal must be bipartisan. The House bill extends federal funding at current levels without any other policy changes. It would keep the government open through Nov. 21. The Senate Democratic bill w
