Breaking: SEC Approves Grayscale’s BTC, ETH, XRP, ADA Fund Conversion To ETF

The SEC approved Grayscale’s conversion of its Digital Large Cap Fund into a spot ETF, including BTC, ETH, XRP, SOL, and ADA, offering regulated multi-token exposure to U.S. investors.
The One Big Beautiful Act Passes In The U.S. Senate — Without Bitcoin Tax Amendment

The U.S. Senate passed the One Big Beautiful Act without including a Bitcoin tax amendment proposed by Senator Lummis, which sought a de minimus exemption for small crypto transactions.
SEC approves Grayscale’s proposal to convert BTC, ETH, XRP, ADA large-cap fund into a spot ETF

The SEC approved Grayscale’s conversion of its large-cap crypto fund into a spot ETF, including Bitcoin, Ethereum, XRP, Solana, and Cardano for US investors.
Crypto PAC-backed candidate wins Virginia primary for vacant House seat
Democratic candidate James Walkinshaw won Virginia’s 11th District primary with over $1M support from crypto-backed Protect Progress PAC, advancing to September’s special election.
US SEC May Slash Crypto ETF Listing Time to Just 75 Days

The US SEC may reduce crypto ETF listing time to 75 days by eliminating the 19b-4 process, focusing on S-1 filings. This could streamline approvals and accelerate integration into mainstream markets.
Tuttle’s new ETFs could offer 2x gains or losses on SOL, TRUMP, XRP, and more starting July 16

Tuttle Capital plans to launch 10 leveraged crypto ETFs on July 16, offering 2x gains or losses on assets like SOL, TRUMP, XRP, and meme coins. These ETFs expand crypto investment options but carry higher risks.
Senate Republicans Push For Crypto-Friendly Amendments Amid Budget Bill Discussions | Bitcoinist.com

Senate Republicans propose crypto-friendly amendments to budget bill, addressing tax fairness for miners and stakers, while debating ethical regulations for lawmakers’ crypto involvement.
SEC considers allowing crypto ETFs to launch without 19b-4 filing

The SEC may allow crypto ETFs to launch without 19b-4 filings, streamlining approvals via generic listing standards based on market metrics like liquidity and trading volume.
XRP, Solana, LTC ETF Approval Odds Raised To 95% By Bloomberg

Bloomberg analysts raise XRP, Solana, and Litecoin ETF approval odds to 95% by end of 2025, citing positive SEC engagement and upcoming Grayscale decision.
Competition heats up as crypto exchanges vie for European market

Crypto exchanges like OKX, Coinbase, Bybit, and Crypto.com are securing MiCA licenses in Europe, fostering competition under unified regulations. MiCA provides clarity but poses compliance challenges, with potential for market consolidation.