Miami-based Defiance ETFs announced Thursday it will close its Ethereum ETF after just four months on the market. The abrupt decision underscores mounting pressure in the competitive spot-ETH ETF landscape.
The SEC postponed rulings on PENGU and a T. Rowe crypto ETF and opened a comment period on options tied to a Grayscale multi-asset crypto fund. The moves extend regulatory uncertainty while testing broader derivatives access to crypto products.
Morgan Stanley is reportedly developing its own proprietary digital wallet as part of a broader push into digital assets ahead of 2026. The move follows the bank’s announcement that it plans to launch a bitcoin ETF, which would mark a first for a major U.S. bank.
Grayscale has formed new Delaware statutory trusts and designated CSC Delaware Trust Company as registered agent. Market watchers say the move could signal preparations for new funds or ETF-related activity, though no filings have been announced.
The SEC has postponed its decision on Canary Capital’s PENGU ETF, which would offer exposure to the Solana-based PENGU token and Pudgy Penguins NFTs. The delay keeps regulatory uncertainty alive for hybrid crypto-NFT products and their investors.
Jeff Park, Morgan Stanley's ProCap investment chief, says the bank can realize an “intangible benefit” from its spot Bitcoin ETF even if it doesn't attract massive inflows. The comment frames the product as strategic rather than purely revenue-driven.
Morgan Stanley is launching spot ETFs to give its 19+ million clients direct exposure to Bitcoin (BTC) and Solana (SOL). The offering marks a further step toward mainstream institutional access and could boost liquidity for SOL.
WisdomTree has pulled its XRP spot ETF application with the U.S. SEC even as XRP-related ETFs recorded more than $1.25 billion in inflows over recent weeks. The move highlights persistent regulatory uncertainty despite strong investor demand.
Bitwise received approval to list a spot Chainlink ETF on NYSE Arca under the ticker CLNK, offering investors direct exposure to LINK. The fund is expected to launch this week.