Nasdaq crypto chief pledges to ‘move as fast as we can’ on tokenized stocks

The G20 has been discussing the establishment of global cryptocurrency standards, while the future of Decentralized Autonomous Tokens (DATs) is under scrutiny as experts evaluate their sustainability amid market fluctuations. This week also saw significant movements in Bitcoin ETF proposals by Nasdaq and BlackRock, indicating a dynamic landscape in the cryptocurrency sector.

Hester Peirce, a commissioner at the U.S. Securities and Exchange Commission (SEC), emphasized that self-custody of assets and financial privacy are fundamental rights aligned with the principles of freedom upon which the U.S. was founded. This statement underscores the importance of individual control over digital assets in the evolving cryptocurrency landscape.

Hester Peirce, a commissioner at the U.S. Securities and Exchange Commission (SEC), has asserted that self-custody of assets and financial privacy are fundamental rights that align with the foundational principles of freedom in the United States. This statement underscores the importance of individual control over financial assets in the evolving cryptocurrency landscape.

Nasdaq has proposed to significantly increase the options trading limits for BlackRock's iShares Bitcoin Trust (IBIT) from 250,000 to 1 million contracts, reflecting a growing confidence in the Bitcoin market. This move comes as IBIT options now account for nearly all Bitcoin ETF options trading, indicating a surge in interest and activity in this sector.

Bitcoin is approaching a potential new all-time high as significant movements in the derivatives market and increased buying from large holders are observed. Nasdaq's proposal to raise options limits for BlackRock's iShares Bitcoin Trust (IBIT) from 250,000 to 1 million contracts is seen as a pivotal factor in this development, indicating a surge in institutional interest in Bitcoin derivatives.

CoinShares has officially withdrawn its filing with the SEC for a staked Solana ETF, a decision made amid a fluctuating market for cryptocurrency exchange-traded funds (ETFs). Analysts had previously anticipated the launch of more Solana ETFs by 2025, driven by increasing investor interest in yield-bearing opportunities through staking and network validation.

CoinShares has officially withdrawn its filing with the SEC for a staked Solana ETF, a decision made amid a fluctuating market for cryptocurrency exchange-traded funds (ETFs). Analysts had previously anticipated the launch of more Solana ETFs by 2025, driven by investor interest in yield-bearing opportunities through staking and network validation.

Nasdaq's International Securities Exchange has proposed to the U.S. Securities and Exchange Commission to increase the options trading limits for the iShares Bitcoin Trust from 250,000 to one million contracts, aiming to enhance institutional hedging capabilities. This move is seen as a significant step in the evolving landscape of cryptocurrency trading.