📢 Today’s Top Crypto Headlines:
đź“… SEC Delays ETF Decisions
The SEC postponed rulings on several spot ETFs, including:
•Truth Social’s BTC-ETH ETF
•21Shares & Bitwise’s Solana ETF
•21Shares’ Core XRP Trust
New decision dates: Oct 8, 16, 19. October is shaping up to be a make-or-break month for ETF approvals.
🔓 Ethereum Unstaking at Record Highs
Over 900k ETH (~$3.9B) awaits withdrawal, raising concerns of selling pressure. Still, institutional appetite remains strong:
•BitMine added 373k ETH, bringing its holdings to 1.52M (1.26% of supply).
•Firms collectively own 4.09M ETH (3.38%).
•ETH spot ETFs saw $2.85B net inflows last week.
đź’µ Circle Expands Stablecoin Tech
Circle acquired Malachite’s consensus engine to power its Arc Layer-1. The move strengthens its push in the stablecoin infrastructure race.
🏦 Strategy Loosens Share Rules
Strategy will now sell equity at <2.5x its BTC reserves, giving it more flexibility to raise capital for Bitcoin buys. Supporters see upside for BTC; critics warn of dilution.
⚖️ U.S. Treasury Eyes Crypto Crime Controls
The Treasury seeks public input on tackling illicit activity with AI, APIs, and digital identity tools, following the Genius Act. Stablecoin KYC frameworks are under the spotlight.
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