Grayscale isn't happy with the SEC—again. The asset manager's legal team publicly criticized regulators for delaying approval of its Digital Large Cap Fund (GDLC) to trade as an ETF on the NYSE. This fund bundles major cryptocurrencies like Bitcoin and Ethereum, and Grayscale's been fighting an uphill battle to get crypto products to market.

Editor’s Note: This isn't just bureaucratic red tape—it's part of a bigger tug-of-war between crypto firms and wary regulators. Every delay makes it harder for everyday investors to access crypto through familiar tools like ETFs, and Grayscale’s pushback shows the industry’s frustration. If the SEC keeps stalling, it could slow down crypto’s integration into mainstream finance.

BlackRock’s Bitcoin ETF, the iShares Bitcoin Trust (IBIT), just smashed records by hitting $80 billion in assets faster than any ETF in history—crossing the milestone in just 374 trading days. For perspective, Vanguard’s S&P 500 ETF (VOO) took nearly five times as long to reach the same mark.

Bitcoin ETFs in the U.S. just hit a major milestone—two consecutive days with over $1 billion flowing in. This surge comes as Bitcoin itself is breaking records, climbing to new all-time highs. Investors are clearly piling in, signaling strong confidence (or FOMO) in the crypto market right now.