Grayscale has taken the next step in its efforts to launch a spot Solana exchange-traded fund (ETF). On April 4, the digital asset manager filed a Form S-1 with the US Securities and Exchange Commission (SEC), aiming to convert its existing Grayscale Solana Trust (GSOL) into a publicly traded ETF. Crypto traders on the decentralized […]
Grayscale moves closer to Solana ETF with SEC filing Read More »
Key Takeaways Tariffs are likely to lead to higher inflation and slower economic growth. The Federal Reserve is monitoring tariff effects but remains cautious about monetary policy changes. Share this article Fed Chair Jerome Powell said today that Trump’s newly announced tariffs are higher than expected and these measures are likely to lead to higher
Fed Powell says Trump’s aggressive tariffs risk higher inflation and slower growth Read More »
Key Takeaways Grayscale filed an S-1 with the SEC to launch a spot Solana ETF on NYSE Arca. The trust will track SOL’s price using the CoinDesk Solana Price Index. Share this article Grayscale has filed Form S-1 with the SEC to launch a spot Solana ETF. It comes after NYSE Arca submitted a 19b-4
Grayscale files S-1 for spot Solana ETF with SEC, staking excluded Read More »
Key Takeaways BlackRock met with the SEC’s Crypto Task Force to discuss ETF workflows and in-kind redemption structures. The firm used the April 1 meeting to deepen discussions on in-kind redemptions, potentially paving the way for SEC approval of its January ETF filing. Share this article BlackRock and the US Securities and Exchange Commission met
BlackRock and SEC explore next phase of crypto ETFs in closed-door task force meeting Read More »
The US Securities and Exchange Commission’s (SEC) Crypto Task Force held separate meetings on April 1 with representatives from BlackRock and the Crypto Council for Innovation’s (CCI) Proof of Stake Alliance to discuss regulatory issues related to crypto exchange-traded products (ETPs). According to memos about the meetings, BlackRock discussed the in-kind redemptions for crypto ETPs
SEC holds meetings with BlackRock, Crypto Council to discuss crypto ETF rules Read More »
Key Takeaways Paul Atkins has been approved by the Senate Banking Committee to lead the SEC. Atkins’ confirmation faced scrutiny due to his involvement with the 2008 financial crisis and the FTX crypto exchange. Share this article The Senate Banking Committee has advanced Paul Atkins’ nomination to lead the US SEC in President Donald Trump’s
Senate panel approves Paul Atkins to lead the SEC Read More »
The US Commodity Futures Trading Commission (CFTC) has recently withdrawn two pieces of crypto-related staff guidance in yet another shift in the country’s regulatory efforts. Both decisions were effective immediately. Notably, these advisories signaled a significantly increased review of the digital asset sector at the time they came into effect. Therefore, the decision to remove
US CFTC Withdraws Two Crypto Staff Advisories Due to ‘Market Maturity’ Read More »
US lawmakers are moving closer to defining a national regulatory framework for stablecoins, with a major stablecoin bill advancing in Congress. On April 2, the House Financial Services Committee approved the STABLE Act of 2025 (H.R. 2392), a key piece of legislation that outlines regulatory standards for dollar-pegged stablecoins. The bill passed with 32 members
South Korea’s top financial regulator is signaling a potential policy shift that could allow foreign investors to access the domestic cryptocurrency market, provided that local exchanges meet strict anti-money laundering (AML) requirements. Speaking at a seminar hosted at the National Assembly on Wednesday, Kim Sung-jin, head of the virtual asset division at the Financial Services
South Korea Considers Allowing Foreign Crypto Investment If AML Rules Are Met Read More »
Key Takeaways Justin Sun said First Digital Trust is insolvent and called on users to withdraw funds and regulators to intervene. The warning came hours after filings revealed Sun bailed out TUSD when $456M in reserves were frozen in unauthorized investments. Share this article Justin Sun issued a public warning earlier today, declaring that Hong
Justin Sun urges users to exit First Digital Trust amid insolvency concerns Read More »
