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The U.S. Department of Labor is reversing its previous warnings against including cryptocurrencies in retirement investments, arguing that it should not dictate which assets are deemed risky. This shift aligns with the Trump administration's broader embrace of digital assets and follows significant changes in the crypto market, where investments have seen substantial gains since the earlier caution was issued.
The 2025 AI Index Report highlights significant advancements in artificial intelligence, including the improvement of smaller models, a dramatic reduction in usage costs, and an increase in AI-related incidents. It also notes the rising adoption of AI in businesses, the surge of FDA-approved AI medical devices, and the shift of regulatory efforts to state levels in the U.S., alongside varying levels of optimism about AI across different regions.
REX-Osprey has launched the first spot XRP ETF in the U.S., trading under the ticker XRPR. This ETF offers investors exposure to XRP while following a unique legal structure under the Investment Company Act of 1940, differentiating it from other firms seeking to enter the market.