BlackRock has met with the U.S. Securities and Exchange Commission’s Crypto Task Force to address crypto regulatory concerns. The meeting, held on May 9, focused on staking, tokenization, and exchange-traded product (ETP) rules, according to a public memorandum. During the session, BlackRock representatives discussed how staking features could be added
BlackRock revealed $32 million in Q1 revenue from its Bitcoin ETF, iShares Bitcoin Trust (IBIT), in a new SEC filing. The firm also reported $47.78 billion in net assets at the end of Q1 2025, down from $51.52 billion in Q4 2024. Despite the price correction, institutional demand stayed strong.
Bitwise, the world’s first and largest crypto index fund manager, has submitted a Form S-1 application to the US Securities and Exchange Commission for a spot NEAR exchange-traded fund. On May 6, the fund manager placed NEAR, a layer-1 blockchain, on the list of cryptocurrencies demanding an ETF approval. The
The U.S. Securities and Exchange Commission (SEC) is expected to make a decision today, May 5, 2025, on Canary Capital’s proposal for a spot Litecoin (LTC) exchange-traded fund (ETF). If the SEC approved the application, that could open the door for Litecoin’s first-ever spot ETF. So far, the SEC hasn’t
The US Spot Bitcoin exchange-traded funds (ETFs) have recently purchased around six times of Bitcoin produced in the past week. The Spot Bitcoin ETFs purchased around 18,644 BTC in the last week, when just 3,150 BTC were mined for that duration, as reported by HODL15Capital. The miners are allowed to
The U.S. Securities and Exchange Commission (SEC) delayed its decision about Franklin Templeton’s spot XRP ETF, with the deadline now set on June 17, 2025. It came through in a filing that was signed by Sherry Haywood, Assistant Secretary of the SEC. The extension now allows another 45 days for
South Korea’s governing People Power Party (PPP) has unveiled a progressive digital asset agenda in preparation for the pivotal June 3 snap election. The party promised to legalise spot crypto ETFs and scrap the inhibitive “one exchange, one bank” rule as part of efforts to bring the country’s cryptocurrency industry
Launch of a ProShares XRP ETF on April 30 has officially been disproved. Bloomberg ETF analyst James Seyffart shed light that no ETF launch has been planned for the mentioned date. By dismissing a multitude of rumors promoted by a stalled regulatory filing. Confusion Over XRP ETF Launch Dates In
Canary Capital has requested from the US Securities and Exchange Commission (SEC) approval to create a Tron-based exchange-traded fund (ETF) that supports staking functions. The Nashville-based asset manager firm, Canary Capital, presented its “Canary Staked TRX ETF” prospectus to the SEC through an S-1 filing on Friday to track Tron’s
Hong Kong is making itself as Asia’s digital asset hub. The Securities and Futures Commission (SFC) has greenlit staking services, allowing China Asset Management (ChinaAMC) to launch an Ethereum ETF with staking by May 15. This is a significant move towards institutional crypto investment being made more compliant and accessible.
