Grayscale Files Third S-1 Amendment for Hyperliquid ETF as Staking Rewards and Custodian Changes Signal SEC Progress
Grayscale Investments has submitted a third amended S-1 Registration Statement to the U.S. Securities and Exchange Commission for its proposed Hyperliquid exchange-traded fund, according to Bloomberg ETF analyst James Seyffart. The updated filing introduces a staking rewards component and replaces Coinbase Custody with Anchorage Digital as the fund’s custodian, suggesting that substantive negotiations between the […]
Bank of America Raises Bitcoin ETF Allocation to 37 Million Dollars as Q1 2026 Filing Reveals Institutional Crypto Shift
Bank of America has increased its exposure to BlackRock’s iShares Bitcoin Trust ETF to approximately 37 million dollars, according to the institution’s Q1 2026 13F filing with the Securities and Exchange Commission. The filing, covering the quarter ending March 31, reveals that the bank now holds 972,590 shares of IBIT, up from 719,008 shares in […]
SEC Delays Innovation Exemption for Tokenized Stocks as Traditional Exchanges Push Back on Third-Party Token Risks
The Securities and Exchange Commission has postponed the release of a broad regulatory exemption that would have allowed cryptocurrency platforms to trade tokenized versions of U.S. publicly listed stocks, according to Bloomberg reporting. The framework, part of SEC Chair Paul Atkins’ Project Crypto initiative, was expected to be released as early as this week but […]
Bipartisan ARMA Bill Proposes 1 Million Bitcoin National Reserve With 20-Year Holding Mandate
A bipartisan group of 16 U.S. lawmakers introduced the American Reserve Modernization Act of 2026 on May 21, proposing that the federal government acquire up to 1 million Bitcoin over five years and hold it as a formal strategic reserve asset with a mandatory 20-year minimum retention period. The bill, led by Representative Nick Begich […]
Trump Media Transfers 2,650 Bitcoin to Crypto.com as Unrealized Losses on Digital Asset Holdings Approach 455 Million Dollars
Trump Media and Technology Group, the Nasdaq-listed parent company of Truth Social trading under the ticker DJT, transferred 2,650 Bitcoin worth approximately 205 million dollars to the cryptocurrency exchange Crypto.com on May 22 in two transactions executed between 1:22 a.m. and 2:22 a.m. GMT, according to on-chain data tracked by blockchain analytics firm Lookonchain and […]
SEC Approves Nasdaq Bitcoin Index Options as Institutional Crypto Derivatives Market Expands
The U.S. Securities and Exchange Commission granted expedited approval on May 22 for Nasdaq PHLX to list and trade cash-settled, European-style options on the Nasdaq Bitcoin Index under the ticker QBTC. The approval, documented in SEC Release No. 34-105549, marks the first time a U.S. regulator has authorized options contracts tied to a broad-based Bitcoin […]
FDIC Proposes Bank Secrecy Act Compliance Standards for Stablecoin Issuers Under GENIUS Act
The FDIC Board of Directors approved a notice of proposed rulemaking on May 22 that would establish Bank Secrecy Act and sanctions compliance standards for permitted payment stablecoin issuers under the agency’s supervision. The proposal, issued under authority granted by the Guiding and Establishing National Innovation for U.S. Stablecoins Act, marks the second major GENIUS […]
Ethereum Drops to Two-Month Low Near 2,000 Dollars as 250 Million in Long Liquidations Meet Early Whale Accumulation
Ethereum dropped below 2,050 dollars on May 23, marking its lowest level in nearly two months as the broader cryptocurrency market extended a week-long selloff. CoinGecko data shows ETH trading at approximately 2,039 dollars, down 4.1 percent over the past 24 hours and 6.3 percent over the past seven days, while trading volume surged 31 […]
Cardano Treasury Proposals Face Rejection Risk as Hoskinson Warns of Researcher Exodus Before May 24 Deadline
Input Output, the development firm behind the Cardano network, faces the prospect of multiple treasury funding proposals failing to reach the required 67 percent ratification threshold as the May 24 voting deadline approaches. Cardano founder Charles Hoskinson has warned that a rejection could trigger an exodus of top researchers and potentially shutter the network’s flagship […]
Canaan Q1 Revenue Falls 68 Percent to 62.7 Million Dollars as Bitcoin Mining Hardware Demand Weakens
Canaan, one of the largest publicly traded Bitcoin mining hardware manufacturers, reported first-quarter 2026 revenue of 62.7 million dollars, down from 196.3 million dollars in the previous quarter and 82.8 million dollars in the year-ago period. The ASIC maker’s net loss widened to 88.7 million dollars as hardware demand weakened, even as the company’s crypto […]
AFL-CIO Warns CLARITY Act Could Open Path for Digital Assets Into Worker Retirement Plans
The AFL-CIO, the largest federation of labor unions in the United States, has urged senators to oppose the CLARITY Act, warning that the crypto market-structure bill could create a pathway for digital assets to enter pension plans and retirement accounts before adequate safeguards are in place. The intervention came in a May 11 letter to […]
SEC Approves Nasdaq Bitcoin Index Options as Institutional Crypto Derivatives Market Expands
The United States Securities and Exchange Commission has approved Nasdaq PHLX to list and trade cash-settled, European-style options on the Nasdaq Bitcoin Index, marking the first time a broad-based Bitcoin index derivative has received regulatory clearance for trading on a U.S. equities exchange. The approval, issued on May 22, 2026, under SEC Release No. 34-105549, […]