SEC staff statement on liquid staking may pave way for staking in spot Ether ETFs
SEC staff said certain liquid staking activities do not constitute the sale of securities in a new clarification. The statement clarifies that “Staking Receipt Tokens” do not need to be…
US SEC announces approval of in-kind redemptions for Bitcoin and Ether ETFs
US SEC has approved “in-kind” redemptions for Bitcoin and Ether ETFs, allowing direct BTC/ETH share creation. This move aligns US policy with Hong Kong, which has allowed in-kind redemptions for…
In letter to SEC, Citadel Securities calls for formal rule-making on tokenization
Citadel Securities has urged the US SEC to proceed more slowly on allowing tokenized securities. The firm warns that a rushed approach could lead to investor confusion and “self-serving regulatory…
SEC approves Grayscale’s conversion of BTC, ETH, SOL, XRP fund into an ETF
The U.S. Securities and Exchange Commission has approved Grayscale’s Digital Large Cap Fund conversion into a spot ETF. The fund holds Bitcoin, Ethereum, XRP, Solana, and Cardano. Experts expect approvals…
XRP price holds above $2 as SEC delays Franklin Templeton XRP ETF
XRP price falls below $2.30 as SEC delays Franklin Templeton’s spot XRP ETF decision. Geopolitical tensions, mainly the Israel-Iran conflict, has contributed to broader crypto market dip. XRP price prediction…
Ripple case may be delayed as SEC, Ripple seek to finalise $50 million settlement
Judge Torres rejected the earlier motion in May, citing a lack of “exceptional circumstances.” The SEC filed a new status report on 16 June requesting a hold on appellate proceedings.…
Best crypto to buy now as SEC scraps Biden era proposed crypto rules
The US SEC has rescinded a series of proposed rules introduced under the previous administration. With the regulatory scenario improving, projects like Bitcoin Pepe stand to gain. Bitcoin Pepe’s presale…
Bitcoin tops $110K for 2nd day; altcoins UNI, AAVE rally on SEC Chair comments
Bitcoin (BTC) traded above $110,000 for a second day, up over 1% in 24 hours, buoyed by altcoin rally. DeFi tokens UNI (+24%) and AAVE (+13%) surged following optimistic comments…
Solana price falls 18% in May as SEC scrutiny cuts open interest by $330M
Open interest in SOL derivatives falls from $3.20B to $2.87B. Price faces resistance at 50-day EMA, $150 is key support. Polymarket shows 80% odds of Solana ETF approval. Solana is…
Best crypto to buy as SEC delays XRP and Dogecoin ETF decisions
Key takeaways The U.S. SEC has delayed decisions on the XRP and Dogecoin spot ETF proposals and has asked for public input. Bitcoin Pepe rallies higher as investors look to…