Bitwise has filed an S-1 with the SEC for an Avalanche ETF.
The SEC and Gemini Trust, founded by the Winklevoss twins, have reached a preliminary agreement to settle a lawsuit over allegations that Gemini failed to register a crypto lending program.
Meanwhile, Canary has announced a 0.95% management fee for its spot Litecoin ETF.
At the time of writing, Bitcoin (BTC) is trading at $115,902, while Ethereum (ETH) stands at $4,509.
The Fear and Greed Index is at a neutral level of 50.
Key developments to watch today:
KuCoin (KCS): Launch of KuMining, a decentralized cloud mining platform.
Kava (KAVA): A community AMA session will be held to discuss new proposals and network maturity plans.