Latest news with #JustinYoung
Yahoo
22-05-2025
- Business
- Yahoo
Volatility Shares Launches First 1x XRP Futures ETF
On Thursday, Volatility Shares launched the XRP ETF (XRPI), which offers investors one-to-one exposure (1x) to the price movement of XRP, the fourth-largest cryptocurrency by market cap. This is the first-ever XRP futures ETF, according to Eric Balchunas, senior Bloomberg ETF analyst: 'Yes there is a 2x XRP already on market (this is first 1x),' he wrote in an X post. Volatility Shares also launched the 2x XRP ETF (XRPT) Thursday. Both ETFs give investors exposure to XRP's price movements without the need to hold the underlying cryptocurrency directly. 'These launches reflect our focus on making digital asset exposure more accessible to traditional investors. When we see over 1.2 million monthly searches for 'XRP price,' it tells us people want in, but many potential investors find the technical barriers to crypto investing challenging,' Justin Young, CEO of Volatility Shares, told in a written statement. 'Our futures-based ETFs address this by eliminating the need for crypto wallets, exchanges and complex tax reporting—essentially making digital asset exposure as straightforward as buying any other security in your portfolio.' He added that although the ETFs don't invest in the crypto assets directly, they are a 'foot-in-the-door' that many investors find more approachable than direct crypto ownership. The net expense ratios for both funds is 0.94%. The launches come as ETF issuers are jostling to debut futures and spot crypto ETFs. Teucrium Trading launched the Teucrium 2x Long Daily XRP ETF (XXRP) in April—the first time a leveraged cryptocurrency product introduced a new crypto subcategory to the ETF market. ProShares is also planning to launch an Ultra XRP ETF seeking 2x leverage, a Short XRP ETF seeking -1x leverage and an UltraShort XRP ETF seeking -2x leverage, according to a recent | © Copyright 2025 All rights reserved Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
BBC News
15-05-2025
- Entertainment
- BBC News
BBC Children's and Education announce thrilling family drama Crookhaven
BBC Children's and Education has commissioned Crookhaven, an action-packed 8 x 45-minute TV adaptation of J.J. Arcanjo's hit book series, which has sold globally in 16 languages across the world, and has been created for television by Justin Young (Ripper Street, Death In Paradise, Sanditon). Produced by BBC Studios Kids & Family Productions, Crookhaven shoots in Northern Ireland this summer and is set to premiere on BBC iPlayer in early 2026. The thrilling family adventure series is set at mysterious Crookhaven School where high achieving young crooks from across the world are secretly selected to hone their skills in disciplines such as Deception, Crimnastics, Forgery and Infiltration, learning how to use their skills for good and to do what is right in their own way. Centred around pickpocketing genius Gabriel and his archrival, headmaster's daughter Penelope, the series follows a group of eight very different, young international students as they compete for the coveted Crooked Cup. In a school where every teacher is a crook and traitors lurk around every corner, no-one is entirely who they seem to be as the gang uncover the dark secrets that link Penelope's missing mother with Gabriel's own mysterious past and confront a terrifying enemy - The Nameless. A coming-of-age drama full of exciting twists and turns, Crookhaven is about finding your place in the world, learning who you can trust and the very nature of right and wrong. Author J.J. Arcanjo, says: 'I have always aimed to excite and inspire the young readers who pick up my books, but also the parents and grandparents who journey with them to my worlds and the TV series aligns perfectly with that. Together with BBC Children's and Education we have created a fun family show filled with humour, heart and plenty of clever twists. I cannot wait for Gabriel Avery and his crew of kind-hearted crooks to be brought to life and introduced to TV audiences around the world.' Patricia Hidalgo, Director BBC Children's and Education says: 'Crookhaven is a thrilling mystery series which will keep audiences on the edge of their seats. Whilst it's quintessentially British and targeting UK families, we know this homegrown drama is sure to be enjoyed by international audiences as we bring the best of UK creativity and BBC drama for children and families around the world' The series was commissioned by Sarah Muller, Senior Head of BBC Children's Commissioning 7+ and the Commissioning Editor for the BBC is Amy Buscombe. Crookhaven is made by BBC Studios Kids & Family Productions and led by an award-winning team with Tali Walters as Creative Lead, Mark Freeland [Dodger, The Wrong Mans, The Thick of It, Miranda] and Justin Young as Executive Producers and Jon East [Killing Eve, Downton Abbey, Lost in Space, The Last Kingdom] as director and Leon McGeown-Fee [Dalgliesh, London Kills, Hope Street] as Producer. Crookhaven begins shooting in Northern Ireland from May with support from Northern Ireland Screen and international distribution is being handled by BBC Studios. HH
Yahoo
11-04-2025
- Politics
- Yahoo
London City Council overrides veto of 2 ordinances
London City Council met in special session Friday afternoon, overriding the mayor's veto of two ordinances that made news earlier in the week. The meeting began with the council approving a municipal road aid agreement in the amount of $177,015.54. The municipal road aid agreement, which is from the state, was funded by a fuel tax. The motion to approve the agreement was made by City Council Member Judd Weaver, with a second by Council Member Justin Young. The agreement received the support of each council member present. Councilperson Holly Little was not in attendance. City Clerk Katelin McPeek passed out copies of the resolution for council members to sign. Council members then additionally agreed to authorize Mayor Randall Weddle to sign the agreement. The council also unanimously voted to override the mayor's veto of two ordinances — Ordinance 2025-01 and Ordinance 2025-02. The vetoes made news earlier this week after City Attorney Larry Bryson questioned the legality of the Mar. 20 special-called meeting at which the first reading of each ordinance was held. During Monday's regular meeting, Bryson advised that council members illegally called a special meeting in violation of KRS 83A.130(11). This statute mandates that special-called meetings must be called either by the mayor or the majority of council members through a written request. The first ordinance requires that all supporting documents for city council agenda items be provided at least seven days before a regular meeting. If documents are submitted late, the items will be tabled unless the council approves the late submission at the meeting. Any ordinances that conflict with Ordinance 2025-01 have consequently been repealed, as the ordinance took effect upon publication. Council Member Kelly Greene made the motion Friday to approve the veto override, which was seconded by Councilperson Stacy Benge. Ordinance 2025-02 established the details of the council's regular meetings, amending Ordinance 2002-05. Under the new ordinance, meetings will be held on the first Monday of each month at 5:30 p.m., or the following day in the case of a conflicting holiday. Meetings will take place at the London Community Center, located at 529 South Main Street, unless otherwise announced. Council Member Benge made the motion to override the veto of the ordinance, receiving a second by Councilperson Weaver. The council's vote brought the meeting to adjournment. To watch the livestream of this meeting, visit The City of London Facebook page. The London City Council will hold their May meeting Monday, May 5, at 5:30 p.m.
Yahoo
22-03-2025
- Business
- Yahoo
Volatility Shares Set To Launch 2 Solana Futures ETFs as Industry Awaits Approval of Spot ETFs
Volatility Shares will launch two Solana futures ETFs on Thursday, making them the first of their kind in the United States. The Volatility Shares Solana ETF (SOLZ) will provide exposure to Solana futures contracts, while the Volatility Shares 2X Solana ETF (SOLT) will aim for twice the daily return of Solana's price. Both funds will be listed on Nasdaq and have already been registered with the Depository Trust & Clearing Corporation (DTCC). SOLZ will have an expense ratio of 0.95%, while SOLT's will be 1.85%. Unlike spot ETFs that hold the asset directly, these funds track Solana prices through futures contracts traded on Commodity Futures Trading Commission (CFTC)-regulated exchanges. Solana futures trading began on the Chicago Mercantile Exchange (CME) on Monday, recording $12.3 million in notional daily volume and closing with $7.8 million in open interest. This initial activity was lower than Bitcoin and Ethereum futures at their launch, but K33 Research noted that Solana's debut was in line with expectations when adjusted for market capitalization. The launch of these futures ETFs is seen as a step toward potential approval of spot Solana ETFs. Several asset managers, including Franklin Templeton, 21Shares, and VanEck, have already filed for spot Solana ETFs. Franklin Templeton, the largest firm to apply, made its filing earlier this month. Bloomberg ETF analyst Eric Balchunas previously said that the existence of Solana futures ETFs could be a positive sign for spot ETF approval. Volatility Shares filed for Solana futures ETFs in December, stating in its prospectus that the funds would only invest in contracts traded on CFTC-registered exchanges. CEO Justin Young highlighted that being the first to file allowed the firm to be the first to launch. Volatility Shares manages $3 billion in assets. Young also confirmed that the firm had filed for a '-1x Solana ETF,' which would have allowed investors to bet against Solana's price, but that product has been put on hold. While the SEC has yet to approve any spot Solana ETFs, the launch of futures-based ETFs suggests regulators recognize Solana as a commodity rather than a security. The approval process remains uncertain, as ongoing regulatory reviews, enforcement actions, and public comments could impact the decision. At the same time, Solana removed its "America is Back—Time to Accelerate" ad after criticism from the crypto community. The ad, posted Monday before noon in New York, received 1.4 million views by evening but was widely criticized on X for being "offensive" and "divisive." Many viewers took issue with its patriotic themes and political undertones, particularly regarding gender diversity. Solana's price rose 5% to $130 in Wednesday trading, according to CoinMarketCap. However, the cryptocurrency has fallen 27% over the past month, with analysts linking the decline to uncertainty over U.S. President Donald Trump's tariff policies. Sign in to access your portfolio
