Category: crypto
-

BlackRock, Coinbase to keep 18% of ETH ETF staking revenue
BlackRock and Coinbase plan to take 18% of staking rewards from BlackRock’s proposed Ethereum ETF. Between 70% and 95% of the fund’s Ethereum will be staked, with Coinbase as custodian. Supporters see institutional yield access positively, while critics express concerns about fees and centralization risks. The fund aims to provide regulated crypto yield products in…
-

Bitwise files for prediction market-backed ETFs
Bitwise Asset Management plans to launch new exchange-traded funds linked to political prediction markets, pending regulatory approval. The proposed funds, operating under the brand “PredictionShares,” would offer investors access to contracts based on U.S. election outcomes. Other firms are also entering this space, driven by growing interest in prediction markets.
-

European banking giant Intesa reveals $100M Bitcoin ETF position
Italian bank Intesa Sanpaolo disclosed $100 million in Bitcoin ETF holdings in its Q4 2025 SEC filing, showing increased institutional adoption. The bank invested in U.S.-listed spot Bitcoin ETFs, including ARK 21Shares and iShares Bitcoin Trust, as well as Bitwise Solana Staking ETF. The move reflects a trend of traditional banks integrating regulated crypto products…
-

Digital Chamber launches working group eyeing federal preemption in prediction market dispute
The Digital Chamber has formed a Prediction Markets Working Group to push for federal oversight of prediction markets, which are facing regulatory challenges in the United States. The group is advocating for clear regulatory standards to prevent disputes and ensure responsible growth in this sector, emphasizing the importance of distinguishing prediction markets from gambling.
-

Stablecoin platform Bridge wins conditional approval for national trust bank charter
Bridge, a stablecoin platform, has received conditional approval from the OCC to operate as a national trust bank. Once fully approved, it will be able to issue, custody, and manage stablecoins nationwide. The platform’s compliance framework is already compatible with U.S. stablecoin legislation, providing regulatory support for customers.
-

CFTC fires back as states target prediction markets
The US Commodity Futures Trading Commission is defending its authority over prediction markets against state-level legal challenges. The agency has regulated prediction markets for over two decades and warns challengers that it will take legal action. This move comes as the SEC considers classifying some prediction market contracts as securities, and states like Nevada try…
-

David Bailey’s Nakamoto strikes $107M deal to buy BTC Inc and UTXO
Nakamoto Inc., led by CEO David Bailey, is acquiring BTC Inc. and UTXO Management GP, LLC in a $107.3 million all-stock deal. The transaction combines Bitcoin media, events, and asset management businesses under one publicly listed entity. Nakamoto aims to create a vertically integrated Bitcoin platform with diverse revenue streams.
-

Abu Dhabi sovereign funds top $1B in Bitcoin ETFs despite fresh outflows
Abu Dhabi-linked sovereign investors held over $1 billion in U.S. spot Bitcoin ETFs by the end of 2025. Mubadala Investment Company and Al Warda Investments disclosed a combined 20.9 million shares in BlackRock’s Bitcoin ETF. Despite short-term outflows in the market, Abu Dhabi’s significant holdings indicate a long-term institutional strategy.
-

Nevada sues Kalshi in fresh prediction market showdown
The Nevada Gaming Control Board has filed a civil enforcement action against KalshiEX LLC for offering unlicensed wagering in the state, arguing that their sports-linked event contracts constitute unlicensed gambling under state law. Kalshi is seeking to move the case to federal court, claiming jurisdiction under the U.S. Commodity Futures Trading Commission. Multiple states are…
-

Thai SEC clears BTC, crypto, carbon credits for derivatives
Thai SEC has added BTC and other digital assets, as well as carbon credits, as eligible underlying assets for regulated derivatives. TFEX will design crypto-linked contracts to attract institutional traders and support ETF-like products. This move aims to promote market growth, diversify products, and improve risk management while broadening investment opportunities in Thailand’s digital finance…