Grayscale introduces the Bitcoin Mini Trust, aiming to combat investor departures and high fees. This new fund could potentially allow investors to bypass tax penalties while exploring lower-cost ETF alternatives.

Spot Bitcoin ETFs have drawn in more than $1.5 billion within the first month. As the market adjusts and major investors conclude their due diligence, we may expect a fresh surge in capital flowing into these products.

The ETF filings of HashDex and Grayscale have been postponed until next year, although the SEC might now be cornered into approving spot BTC ETFs.

The SEC, headed by Gary Gensler, is poised to potentially approve multiple Bitcoin ETFs, while scrutiny of Gensler's shifting stance on digital asset regulation is growing.

The deadline for the SEC to appeal against the court’s ruling on the Grayscale Bitcoin ETF application passed without event yesterday. Last week its appeal against the preliminary Ripple judgement was denied. Could the regulator finally be accepting defeat in its war on crypto?

Gary Gensler is under fire from Members of Congress, who have had enough of the SEC’s digital assets enforcement strategy.

Digital asset firm Genesis, owned by DCG, has announced that it will cease derivatives and spot trading through GGC International, which means that Genesis no longer offers any trading services at all. This marks yet another straw in the growing pile of troubles for DCG.

The CEO of Bitcoin Magazine has published documents on X (formerly Twitter) suggesting that DCG borrowed approximately $500 million from the now-bankrupt lender, Genesis. Bailey asserts that these funds were used to “manipulate and prop up the price of GBTC.”