The SEC approved in-kind redemptions for Bitcoin and Ethereum ETFs and increased options limits, marking a significant step toward clearer crypto regulation.
Michael Saylor's Strategy acquired an additional 21,021 bitcoins after raising $2.5 billion through a preferred stock offering, increasing its total holdings to 628,791 BTC.
The SEC is evaluating BlackRock's proposal to include staking in its Ethereum ETF, while delaying its decision on Grayscale's Litecoin ETF application.
At the time of writing, Bitcoin (BTC) is trading at $118.180, while Ethereum (ETH) stands at $3.824.
The Crypto Fear and Greed Index is currently at "67," indicating a level of "Greed."
Important developments during the day:
1inch (1INCH): Token unlock corresponding to less than 0.01% of the circulating supply will occur. dYdX (DYDX): 4.17 million tokens, corresponding to 0.55% of the circulating supply, will be unlocked.
