In a shocking development, American-based cryptocurrency asset management giant Grayscale Investments has withdrawn its Ethereum Spot Exchange-Traded Fund (ETF) proposal with the United States Securities and Exchange Commission (SEC).
The native token of Solana-based decentralized exchange (DEX) aggregator Jupiter surged Thursday, apparently aided in part by the platform’s rollout of an incentivized voting mechanism for community members to choose which tokens will next debut via its launchpad.