Avalanche ETF Race Heats Up as Bitwise Becomes First to Add Staking

BlackRock's Bitcoin ETF, the iShares Bitcoin Trust, is nearing a significant breakthrough as the SEC considers expanding options trading limits from 250,000 to 1 million contracts. This potential change reflects a growing confidence in the Bitcoin market and could enhance trading activity for the ETF.

The U.S. Securities and Exchange Commission (SEC) is set to examine tokenization rules, with major players such as Coinbase, Blackrock, Galaxy, and Robinhood participating in the discussions. This initiative reflects the SEC's ongoing efforts to adapt regulatory frameworks to the evolving cryptocurrency landscape.

XRP reserves on Binance have collapsed to record lows, reflecting intense selling pressure as the cryptocurrency market faces significant volatility and declining investor confidence. This situation is exacerbated by Bitcoin's struggles and the broader market's fear and uncertainty.

A coalition representing major stock exchanges has urged the U.S. Securities and Exchange Commission (SEC) to reconsider its proposal to grant an 'innovation exemption' to brokers and crypto firms for offering tokenized stocks. This pushback highlights concerns over regulatory oversight and market integrity in the evolving landscape of digital assets.

Grayscale has filed with the SEC to list the first exchange-traded fund (ETF) tied to Zcash, a privacy-focused cryptocurrency, potentially on NYSE Arca. This move follows a series of successful ETF listings by Grayscale, including those for Dogecoin and XRP, which have recently gained approval for trading on the NYSE.

The SEC has unveiled a revised agenda for 2025 aimed at enhancing oversight of the cryptocurrency ecosystem by establishing clearer rules and safer market practices. This initiative is expected to influence regulatory frameworks not only in the U.S. but also globally.

Grayscale has filed with the SEC to launch the first exchange-traded fund (ETF) linked to Zcash, a privacy-focused cryptocurrency. This filing aims to broaden access to Zcash and enhance institutional adoption of digital assets, coinciding with a significant rally in Zcash's price, which has surged over 1,000% recently.

The SEC’s Investor Advisory Committee is scheduled to meet on December 4 to review tokenized equities and artificial intelligence disclosure rules, highlighting the regulatory body's increasing focus on emerging technologies in the financial sector.