SEC Chairman Paul Atkins has advanced a pro-cryptocurrency policy framework aimed at harmonizing innovation with effective governance, energizing US digital asset markets. The policy focuses on regulatory clarity and establishes a pathway for regulated crypto exchanges to operate as integrated… Read More »SEC Chair Atkins’ Pro-Crypto Policy Boosts Bitcoin and Ethereum Markets
The U.S. Securities and Exchange Commission (SEC) is scrutinizing XRP allocations within Grayscale Digital Large Cap Fund (GDLC) and Bitwise Bitcoin and Ether Equal Weight Strategy (BITW), both holding approximately 6% of the cryptocurrency. Public commentary on the funds will… Read More »SEC Reviews XRP Holdings in Grayscale and Bitwise Crypto Funds, Delays Approvals
The Securities and Exchange Commission (SEC) has launched a dedicated Artificial Intelligence Task Force. This new initiative aims to leverage advanced AI technologies to modernize regulatory oversight of the rapidly evolving cryptocurrency market. Led by Valerie Szczepanik, a senior advisor… Read More »SEC Forms AI Task Force to Enhance Cryptocurrency Regulation and Compliance
Significant stakeholders within the Solana ecosystem are formally advocating for the U.S. Securities and Exchange Commission (SEC) to approve the use of liquid staking mechanisms for potential Solana Exchange-Traded Products (ETPs). This approach, they argue, would enhance liquidity and capital… Read More »Solana Stakeholders Urge SEC to Approve Liquid Staking for Solana ETPs
The U.S. Securities and Exchange Commission (SEC) has unveiled Project Crypto, a landmark initiative chaired by Paul Atkins aimed at modernizing cryptocurrency regulation. This framework fundamentally shifts the agency’s approach by establishing clear guidelines to replace the previous strategy of… Read More »SEC Launches Project Crypto to Modernize Digital Asset Regulation, Clarifies Most Tokens Aren’t Securities
Jito Labs has led a coalition of industry participants in submitting a joint letter to the U.S. Securities and Exchange Commission (SEC) advocating for Liquidity Staking Tokens (LSTs) as a core component of proposed Solana exchange-traded funds (ETFs). The signatories… Read More »Industry Coalition Advocates LST Integration in Solana ETFs to Boost Liquidity
Cboe’s BZX Exchange has submitted a formal proposal to list and trade shares of the Invesco Galaxy Solana Exchange Traded Fund (ETF). This filing targets delivering regulated U.S. market access to Solana (SOL), contrasting with current Securities and Exchange Commission… Read More »Cboe Files to List Invesco Galaxy Solana ETF Amid SEC Scrutiny on Staking Products
Finance giants Invesco and Galaxy Digital have jointly submitted plans for a spot Solana exchange-traded fund (ETF), aiming to provide investors with regulated, liquid exposure to Solana’s native token, SOL. This filing marks a significant push toward mainstream institutional adoption… Read More »Invesco and Galaxy Digital File for Spot Solana ETF, Eyeing Institutional Crypto Growth
The U.S. Securities and Exchange Commission (SEC) has commenced a formal review of Canary Capital’s application for a spot SUI exchange-traded fund (ETF), indicating active regulatory evaluation of the SUI blockchain. This procedural step underscores Canary Capital’s commitment to introducing… Read More »SEC Initiates Formal Review of Canary Capital’s Spot SUI ETF, Signaling Regulatory Progress
Bitcoin demonstrates resilience with potential for surging above $120,000 while Ethereum and Shiba Inu exhibit weakening momentum amid correction signals. Market movements reveal diverging trajectories across major cryptocurrencies as regulatory announcements inject fresh uncertainty. Bitcoin retains strength near record highs,… Read More »Bitcoin Eyes $120K Breakout as Ethereum, Shiba Inu Sign Correction Risks Amid Regulatory Pressure
The U.S. Securities and Exchange Commission (SEC) has abruptly reversed its approval decision for Bitwise Asset Management’s proposed conversion of cryptocurrency index products. The regulator initially greenlit the conversion but withdrew authorization shortly afterward. Market participants are advised to closely… Read More »SEC Reverses Bitwise Crypto Index Fund Approval Amid Regulatory Uncertainty
The U.S. Securities and Exchange Commission (SEC) is signaling progress toward approving in-kind redemption models for spot Bitcoin and Ethereum exchange-traded funds (ETFs). Multiple asset managers including Invesco Galaxy, Ark 21Shares, VanEck, WisdomTree, and Fidelity have submitted amended proposals to… Read More »SEC Advances In-Kind Redemption Framework for Bitcoin and Ethereum ETFs
The U.S. Securities and Exchange Commission has postponed its decision on Fidelity’s proposed Solana exchange-traded fund, initiating a public comment period to evaluate disclosure requirements and market impact. Analysts noted the delay aligns with expectations given the current absence of… Read More »SEC Delays Fidelity Solana ETF Ruling Amid Calls for Regulatory Clarity
The U.S. Securities and Exchange Commission has recognized an amended filing from Bitwise Asset Management for its combined spot Bitcoin and Ether exchange-traded fund (ETF). The updated proposal incorporates provisions for physical redemptions, allowing investors to directly receive underlying cryptocurrencies… Read More »U.S. SEC Advances Bitwise’s Bitcoin and Ethereum ETF Amendment with Physical Redemption Terms
The U.S. Securities and Exchange Commission (SEC) has mandated asset managers to submit revised S-1 filings for proposed Solana spot Exchange-Traded Funds (ETFs) by the end of July. This directive suggests a potential acceleration in the SEC’s review process, moving… Read More »SEC Requests Revised Solana Spot ETF Filings by July Deadline, Signaling Potential Review Acceleration
The U.S. Securities and Exchange Commission (SEC) has formally acknowledged Grayscale Investments’ application to convert its Digital Large Cap Fund into a multi-asset spot exchange-traded fund (ETF). This procedural step initiates the regulatory review process for a product that would… Read More »SEC Reviews Grayscale Proposal for Multi-Asset Crypto Spot ETF
The U.S. Securities and Exchange Commission (SEC) has delayed its ruling on Franklin Templeton’s application for a spot Solana exchange-traded fund (ETF), though analysts now indicate a 90% probability of approval by July or October. This regulatory development emerges as… Read More »SEC Expected to Approve Spot Solana ETFs by Q3 Amid Cautious Market Optimism
VanEck has registered the ticker ‘VSOL’ for a proposed spot Solana exchange-traded fund (ETF) with the Depository Trust & Clearing Corporation (DTCC). This procedural step signals potential institutional interest in Solana and represents an expansion of the crypto ETF market… Read More »VanEck Registers ‘VSOL’ Ticker for Proposed Spot Solana ETF with DTCC
The U.S. Securities and Exchange Commission is preparing to rule on spot XRP exchange-traded fund applications submitted by ProShares and Franklin Templeton. This regulatory decision represents a pivotal moment for XRP’s integration into traditional finance, potentially unlocking new institutional adoption… Read More »SEC’s Imminent XRP Spot ETF Decision Poised to Reshape Market Dynamics
Asset manager CoinShares has formally submitted an application to the U.S. Securities and Exchange Commission (SEC) seeking approval for a Solana-based Exchange-Traded Fund (ETF). The proposed ETF aims to track the price of Solana’s native token, SOL, and would be… Read More »CoinShares Files for Solana ETF on Nasdaq Amid Growing Institutional Altcoin Demand