Grayscale has filed with the SEC to launch Litecoin and Solana ETFs, alongside other crypto-related products.Several firms, including Grayscale, VanEck, 21Shares, Bitwise and Canary Capital, are also pursuing spot Solana ETFs, with the SEC's prelimin
Nasdaq has submitted a proposal to the US Securities and Exchange Commission (SEC) to enable in-kind creation and redemption for BlackRock’s iShares Bitcoin ETF (IBIT).This request, filed on January 24, seeks to amend the ETF’s operational framework
Massive leaps forward in pro-growth regulatory policy from Washington are one key meta for XRP prices in 2025. Meanwhile, the deployment of XRP Ledger for automated smart contracts is bound to run through a very attractive upside that analysts expect
Ondo (ONDO) has seen a 10% surge in the last 24 hours, reclaiming key levels and attempting to break out of its downtrend while most of the market continues moving sideways. Some analysts suggest that the new crypto-friendly administration could prop
Donald Trump is officially the 47th President of the United States, and the U.S. government is going in some different directions from the last administration.You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of crypto
Binance CEO Changpeng Zhao has urged other countries to "work harder" in order to remain attractive for businesses now that the U.S. is embracing crypto. This comes after American VC behemoth Andreessen Horowitz (a16z) decided to shut down its London
Grayscale, one of the largest crypto asset management firms, just filed with the SEC to create a Litecoin and Solana ETF. It also filed for other crypto-related ETF products.The firm’s “Bitcoin Adopters ETF” and synthetic Ethereum ETF are part of a m
US President Donald Trump’s inaugural address on Jan. 20 didn’t mention cryptocurrency or Bitcoin, but that doesn’t mean there aren’t big things in store for the sector this year. Coinbase CEO Brian Armstrong said the Trump administration will place
Today in crypto, venture capital firm Andreessen Horowitz plans to leave the United Kingdom, MicroStrategy may have to pay taxes on its unrealized Bitcoin gains, and the US Securities and Exchange Commission has rescinded the controversial crypto acc
Nasdaq, on behalf of BlackRock, is pursuing a potential change to the asset management firm's spot Bitcoin exchange-traded fund to allow for in-kind redemptions instead of cash.Nasdaq filed an amended rule filing on Friday that would allow for redemp
Nasdaq has filed a proposed rule change to allow in-kind creation and redemption for the BlackRock iShares Bitcoin Trust , according to a Friday filing to the U.S. Securities and Exchange Commission (SEC).The process allows large institutional inves
A flurry of spot crypto exchange-traded fund files flooded in on Friday looking to track Litecoin and XRP.CoinShares filed registration statements for a "CoinShares Litecoin ETF" as well as a "CoinShares XRP ETF" while NYSE posted a 19b-4 filing for
It's Friday! 🎉 In today's newsletter, Coinbase, Kraken and Uniswap Labs CEOs are asked for input on alleged debanking in the cryptocurrency industry, Andreessen Horowitz will close its UK office as it doubles down on America, the European Central Ban
In a notable change in the crypto regulatory environment, asset managers are regaining confidence in their pursuit of ETFs. Significantly, CoinShares submitted applications for a spot XRP ETF and a Litecoin (LTC) fund, indicating an increasing enthus
The US Securities and Exchange Commission (SEC) announced on Thursday, January 23, the rescission of Staff Accounting Bulletin (SAB) No. 121, a directive that had imposed stringent accounting requirements on crypto custody for US banks and financial
It was a big week for crypto following the inauguration of Donald Trump to a second term Monday.The White House issued an executive order on digital assets, calling for a friendly approach to crypto across the administration and the creation of a "di
The likelihood of the first memecoin-based exchange-traded funds (ETFs) is growing under new leadership at the US securities regulator, industry watchers told Cointelegraph.Despite the increasing ETF likelihood paired with the massive rally following
As the industry remained abuzz about the possibility of a strategic bitcoin reserve (SBR) in the United States, President Donald Trump’s administration made crypto a priority on his third day back in office.On Thursday, President Trump signed an exec
From Trump to Melania, we now have the Ivanka Trump coin. The crypto industry is going full-throttle on Trump mania, but at least one family member isn’t happy with the latest development, particularly the release of the $IVANKA coin.In a post on Twi
By Joe LightThe Securities and Exchange Commission is removing a roadblock that kept banks from offering custody for Bitcoin and other cryptocurrencies. But it will take a lot more for traditional finance firms to dive into digital assets.Late Thursd