Robinhood may be making a push towards launching its own dedicated prediction market platform, acquiring a 90% stake in derivatives exchange LedgerX, which was previously owned by the now-defunct FTX. In response, the shares of HOOD have climbed more than 8% to $125 since Wednesday’s market open, according to Yahoo Finance. “Robinhood is seeing strong customer demand for prediction markets, and we’re excited to build on that momentum,” said JB Mackenzie, VP and general manager of futures and international ...

Crypto asset manager Grayscale Investments has jumped on the Zcash hype by filing for an exchange-traded fund that would give investors exposure to the privacy coin.  A Wednesday filing with the Securities and Exchange Commission shows that Grayscale wants to convert its Grayscale Zcash Trust into an ETF. If approved, it would be the first ETF giving investors exposure to the coin.  Zcash enables users to send and receive money in private by encrypting transaction information using zero-knowledge proofs—a c ...

Grayscale is moving to list the first U.S. exchange-traded fund (ETF) tracking Zcash (ZEC), a once-niche privacy coin that has surged into the crypto mainstream in 2025. The firm filed an S-3 registration statement with the U.S. Securities and Exchange Commission (SEC) Wednesday morning, seeking to convert its existing Zcash Trust into a spot ETF. The move mirrors Grayscale’s strategy with other products like its Bitcoin Trust, which was the first to be converted into an ETF in 2024. If approved, the fun ...