Stocks

On January 20, Grayscale submitted a Form S-1 to the SEC to convert its NEAR Trust into a spot ETF, with plans to list on NYSE Arca under ticker GSNR. The fund may allow staking, will use Coinbase for brokerage and custody, and track CoinDesk's NEAR CCIXber Reference Rate. According to CoinGlass, NEAR rallied over 3% intraday from $1.44 to just above $1.80 before easing to around $1.52.

Bitpanda will let users trade about 10,000 stocks and ETFs alongside crypto starting Jan. 29, according to an announcement. Stock and ETF orders will cost a flat 1 euro ($1.17) per trade, with access to real stocks across the European Union as the company advances a universal exchange model.

According to the Dutch central bank, indirect holdings of crypto-linked securities in the Netherlands reached about $1.4 billion by October 2025, up from $94 million in 2020 and equal to 0.03% of total securities. Exposure is concentrated in ETFs, ETNs, and crypto treasury shares, with households and pension funds among the largest holders.

Canary XRP ETF (XRPC) ended the last session at $20.26, 23.9% below its launch level after briefly reaching the mid-$26 range. The fund fell about 8.5% in the latest session and more than 10% across five trading days, while XRP traded at $1.91 with weekly losses near 10%.

On January 21, 2026, Galaxy Digital outlined a $100 million hedge fund targeting returns in both rising and falling markets. According to sources familiar with the plan, it aims to be operational in the first quarter and will allocate roughly 30% to crypto tokens and 70% to equities of financial services firms exposed to digital-asset trends.

Late Monday, a leverage flush sent Bitcoin down 9% to $87,000 and erased $360 million in longs. On Tuesday, crypto market value fell by $150 billion as BTC slipped below $88,000, while gold reached a record $4,874.21, up 2.3%. CoinGlass flagged $998.33 million in long liquidations over 24 hours.

Fundstrat's Tom Lee, in an interview released Jan. 20, reaffirmed a $250,000 Bitcoin target while warning 2026 could be "jagged" for crypto adoption and broader risk assets. He cited potential S&P 500 drawdowns of 10%–20% and pointed to an Oct. 10 crypto deleveraging and market‑maker fragility as key variables. Lee views major pullbacks as buying windows.

Micron Technology shares recently traded near $365.00 with a forward P/E of 11.45, well below the semiconductor industry's 37.29. The analysis highlights AI's memory bottleneck, rising HBM adoption, and strong fiscal Q1 2026 metrics as potential drivers, outlining a case for MU to approach $500 by the end of 2026.

Ripple President Monica Long forecasts that by the end of 2026, corporate balance sheets will collectively hold over $1 trillion in digital assets and that half of Fortune 500 companies will have formal digital asset strategies. She links this outlook to the rise of regulated stablecoins like RLUSD, new U.S. legislation, and growing institutional activity in B2B payments, custody, and capital markets.

Galaxy Group plans to launch a $100 million crypto hedge fund in Q1 2026, allocating up to 30% to tokens and the balance to financial services stocks. The strategy is designed to harness volatility and separate "winners and losers" as digital asset infrastructure evolves, with leadership by Joe Armao and outreach to family offices and institutions.