Grayscale has slowly narrowed the arbitrage opportunities on its crypto trusts by converting them into exchange-traded funds. Asset manager Grayscale received approval from the US Securities and Exchange Commission (SEC) on Tuesday to convert its Digital Large-Cap Fund into an exchange-traded fund (ETF). The fund consists of the five biggest… Listen ⇢

The European Central Bank (ECB) Governing Council has approved research efforts that will use central bank money to settle distributed ledger technology (DLT) transactions, as the body looks to make its payment systems more efficient. One short term approach is called “Pontes” which will link DLT platforms with Eurosystem TARGET… Listen ⇢

Figma has submitted paperwork to the SEC to go public. The San Francisco-based design software firm disclosed it held $69.5 million in spot bitcoin ETFs as of March 31. On May 8, the company’s board approved a $30 million bitcoin investment plan. As part of this move, Figma purchased an… Listen ⇢

SOL retraced its ETF rally, and with over 14% of supply concentrated at $144, holding this key support is critical to avoid a deeper correction. Key takeaways: SOL’s 5% ETF-driven rally to $160 was reversed entirely within 24 hours, exposing persistent technical weakness on the lower and higher time frames.… Listen ⇢

Bitcoin slid on Tuesday as weakness in U.S. tech stocks appeared to spill over into crypto markets. The crypto asset fell about 1% over the past 24 hours, trading at $106,175 at press time as traders took profits after ending June above the $107,000 for its highest-ever monthly close. Sentiment… Listen ⇢

Bitcoin Magazine Wallet of Satoshi Partners With Spark To Offer Self-Custodial Bitcoin Lightning Experience Today, Spark has announced a new integration with Wallet of Satoshi, one of the largest Bitcoin Lightning Network (LN) wallets, to bring users a “truly self-custodial Lightning experience,” in beta, according to a press release sent… Listen ⇢

SOL retraced its ETF rally, and with over 14% of supply concentrated at $144, holding this key support is critical to avoid a deeper correction. Key takeaways: SOL’s 5% ETF-driven rally to $160 was reversed entirely within 24 hours, exposing persistent technical weakness on the lower and higher time frames.… Listen ⇢

Hope is alive once again for Ethereum, the second-largest crypto asset, following a sudden bounce above the $2,500 level as the new week kicks off. ETH’s recent notable bounce has influenced its market dynamics and sentiment, with on-chain metrics turning positive and many investors displaying signs of accumulation. Institutional Demand… Listen ⇢

Circle, a crypto company that issues USDC stablecoin, has applied to establish a national trust bank to manage USDC reserves on the company’s behalf and abide by US regulations. Circle has applied for the trust from the US Office of the Comptroller of the Currency (OCC). If the OCC approves,… Listen ⇢