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
Fidelity Investments has submitted an S-1 registration to U.S. regulators for a spot Solana ETF featuring an integrated staking mechanism. This marks the first U.S.-based crypto ETF proposal to include on-chain staking rewards for investors, positioning Solana as a competitive… Read More »Fidelity Files Landmark Solana Spot ETF with Staking Feature, Targets Institutional Appeal
Seven prominent asset managers including Fidelity and Grayscale have updated their applications for Solana exchange-traded funds (ETFs) to incorporate staking features. This move follows recent regulatory guidance indicating that staking activities may not automatically classify crypto products as securities. The… Read More »Asset Managers Amend Solana ETF Filings With Staking Provisions Following SEC Guidance
Ripple Labs and the U.S. Securities and Exchange Commission (SEC) have jointly filed a motion proposing a settlement to resolve their long-running legal dispute concerning the XRP cryptocurrency. The proposed settlement includes the release of $125 million currently held in… Read More »Ripple and SEC Propose $125M Settlement in Landmark XRP Lawsuit
The U.S. Securities and Exchange Commission has appointed a former blockchain industry executive to bolster its cryptocurrency regulatory capabilities. This strategic hire signals a shift toward integrating specialized expertise into the agency’s approach to digital asset oversight. The appointment reflects… Read More »SEC Appoints Former Blockchain Executive to Strengthen Cryptocurrency Oversight
The U.S. Securities and Exchange Commission has appointed blockchain industry veteran Jamie Selway as the new Director of its Division of Trading and Markets, signaling a strategic pivot toward integrating cryptocurrency expertise into its regulatory framework. Selway brings extensive experience… Read More »SEC Appoints Crypto-Veteran Jamie Selway to Lead Trading and Markets Division
The U.S. Securities and Exchange Commission (SEC) has formally repealed several contentious cryptocurrency regulations, including Rule 3b-16 and the expanded Custody Rule. Industry stakeholders had widely criticized these rules for their potential to hinder blockchain innovation and impose substantial new… Read More »SEC Repeals Controversial Crypto Rules, Signaling Pro-Innovation Shift
The U.S. Securities and Exchange Commission (SEC) is reportedly finalizing approval for spot Solana exchange-traded funds (ETFs), with industry sources indicating clearance could occur as early as July. This regulatory milestone would position SOL among the first altcoins to receive… Read More »SEC Nears Approval for Spot Solana ETFs, Potentially Catalyzing SOL Market Growth