Three major crypto investment firms—VanEck, 21Shares, and Canary—are pushing the SEC to go back to its old "first to file, first to approve" system for crypto ETFs. They argue that the current approach, which batches approvals together, could stifle competition by giving bigger players an unfair edge and slowing down innovation.

A group of ETF (exchange-traded fund) issuers is pushing back against recent changes in how the SEC approves new funds. They’ve sent a letter arguing that the agency’s move away from the "first-to-file" system—where the earliest applicants get priority—is discouraging innovation and unfairly benefiting slower, less-prepared filers. Essentially, they’re saying the old way kept everyone on their toes, and the new approach risks letting some players coast.

Editor’s Note: This might sound like inside baseball, but it’s a big deal for investors and the ETF market. The "first-to-file" rule used to create a race to launch the best products, which could mean more choices and better deals for everyday people. If the SEC’s shift slows things down or favors bigger, slower-moving firms, it could mean fewer innovative funds hitting the market—or worse, a system that rewards bureaucracy over competition. It’s a fight about fairness, speed, and who gets to shape the future of investing.

The UK’s financial regulator is considering letting everyday investors buy crypto exchange-traded notes (ETNs), reversing a previous ban. These products track crypto prices without requiring direct ownership, offering a simpler way to bet on digital assets. The move signals growing acceptance—or at least tolerance—of crypto in mainstream finance, though regulators still warn about volatility and risks.

Three big financial players—VanEck, 21Shares, and Canary Capital—are pushing the SEC to bring back a first-come, first-served system for approving ETFs. They argue that the current approach, where approvals happen simultaneously, kills the "early bird" advantage that usually rewards firms for filing first. Basically, they want their patience and early paperwork to count for something again.

Ether ETFs are on a hot streak, marking 14 straight days of gains, while Bitcoin ETFs are seeing money flow out again. It’s a classic case of crypto investors shifting their focus—Ether’s momentum is pulling attention (and cash) away from Bitcoin, at least for now.

Editor’s Note: This isn’t just about which crypto is up or down—it’s a sign of how fast sentiment can swing in the digital asset world. Ether’s rally suggests traders might be betting on its upcoming ETF approvals or tech upgrades, while Bitcoin’s outflows could mean short-term profit-taking or rotation into other plays. For everyday investors, it’s a reminder that crypto markets move in waves, and today’s winner isn’t always tomorrow’s.

Big investors are pulling back from Bitcoin ETFs for the first time since these funds launched in early 2024, according to recent filings. But here’s the twist: companies holding Bitcoin directly aren’t backing off. It looks like hedge funds and institutions might be cooling on ETFs while corporate treasuries still see value in owning actual Bitcoin.

Spot Ethereum ETFs are on a hot streak, pulling in fresh money for 14 straight days as of June 5. Investment pros like advisors and hedge funds are driving the demand, adding around $812 million since late May. That pushes the total haul for these funds past $3 billion this year—a big vote of confidence in ETH.

Editor’s Note: This isn’t just a blip—it’s a signal that institutional players are doubling down on Ethereum, even amid crypto’s usual volatility. More cash flowing into ETH ETFs could mean broader acceptance (and maybe stability) for crypto as an asset class. For everyday investors, it’s a sign the big money sees long-term potential here.