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The Crypto Report: Grayscale launches its first ETF, Wormhole says $320M in stolen funds are restored

The Crypto Report: Grayscale launches its first ETF, Wormhole says $320M in stolen funds are restored

Digital currency asset manager Grayscale Investments has launched its First ETF in partnership with Bloomberg that’s named the Grayscale Future of Finance ETF. The fund will track the investment performance of the Bloomberg Grayscale Future of Finance Index which is made up of companies that include: groups involved in the enablement of the digital economy, organizations providing the technology to facilitate the digital economy, and companies directly involved in mining, energy management, and activities that power the digital asset ecosystem.

The cryptocurrency platform named Wormhole tweeted today that "all funds have been restored" after it was reported that over $320 million was stolen from the platform, which acts as a bridge between the Ethereum and Solana blockchains. It is being reported as the fourth-largest crypto hack to date, where the attacker apparently exploited 120,000 digital tokens connected to ether.

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