Morgan Stanley has filed for Ethereum and Solana ETF trusts with a 0.14% annual fee, undercutting rivals BlackRock (0.25%), Grayscale (0.15%), Bitwise (0.20%) and Franklin Templeton (0.19%). The ETH trust will stake 50-80% of holdings while the SOL trust plans to stake up to 100%. https://cryptoslate.com/morgan-stanley-ethereum-solana-etf-fees/ #Web3 #Blockchain #InstitutionalAdoption
Trillion-dollar asset manager Invesco is entering the tokenized stablecoin reserve sector, investing in US Treasuries, repo agreements and cash equivalents to maintain a 1 USD net asset value. https://www.theblock.co/post/406239/trillion-dollar-asset-manager-invesco-plant-flag-tokenized-stablecoin-reserve-sector #Blockchain #Crypto #InstitutionalAdoption
Aave founder Stani Kulechov says the protocol is not for sale at a 70% discount following a bid from Payward (Kraken). The rejection signals Aave remains independent despite consolidation pressure in DeFi. https://www.theblock.co/post/406252/aave-stani-kulechov-says-aave-isnt-for-sale-at-70-discount-report-payward-bid #Web3 #Blockchain #DeFi
The GENIUS Act creates the first US federal regulatory framework for dollar-backed stablecoins, setting rules for issuers, backing requirements, redemption rights, and supervisory oversight. https://www.theblock.co/learn/406286/what-is-the-genius-act #Blockchain #Crypto #Regulation
United Texas Bank has completed its conversion to a national charter, positioning itself as a bridge between the crypto industry and traditional finance. The 40-year-old bank now has full access to Federal Reserve payment rails and plans to launch an AI-driven 24/7 payment network called UTB Atomic to serve crypto firms worldwide. https://www.coindesk.com/policy/2026/05/27/wall-street-gets-new-crypto-rival-after-texas-bank-completes-regulatory-pivot #Web3 #Blockchain #Regulation
The CLARITY Act could revalue crypto tokens tied to the industrys largest revenue-generating applications as Congress establishes a federal rulebook. Grayscale notes many of these tokens trade at relatively low multiples of revenue. https://cryptoslate.com/these-crypto-tokens-could-be-the-biggest-winners-from-the-clarity-act/ #Web3 #Blockchain #Regulation
Bitcoin tests $59K as ETFs shed 692M USD in their largest outflows since May, with 10.6B USD in options expiry looming. https://decrypt.co/372180 #Blockchain #Crypto #InstitutionalAdoption
United Texas Bank has completed its conversion to a national charter, positioning itself as a bridge between the crypto industry and traditional finance. The 40-year-old bank now has full access to Federal Reserve payment rails and plans to launch an AI-driven 24/7 payment network called UTB Atomic to serve crypto firms worldwide. https://www.coindesk.com/policy/2026/05/27/wall-street-gets-new-crypto-rival-after-texas-bank-completes-regulatory-pivot #Web3 #Blockchain #Regulation
Securitize, the BlackRock-backed tokenisation specialist, is aiming to raise 400M USD as it nears a public debut via SPAC merger. The firm expects to close the merger next week and start trading on the NYSE, pending shareholder approval. https://www.coindesk.com/business/2026/06/26/securitize-aims-to-raise-usd400-million-as-tokenization-firm-nears-public-debut #Web3 #Blockchain #InstitutionalAdoption
Spanish regulators confirm no extensions will be granted for the MiCA licensing deadline, requiring crypto firms to obtain proper authorisation by July 1 or cease operations in the EU. Binance continues operating without a licence. https://decrypt.co/372230/spanish-regulator-no-extensions-eu-crypto-deadline-binance #Web3 #Blockchain #Regulation
Base has suffered its second mainnet stall in two days, with block production halted for nearly two hours after an invalid block caused a consensus failure. The Coinbase-incubated layer-2 confirmed all funds are safe, with sequencing restored. The incident comes just days after Base's Beryl upgrade activation. https://www.theblock.co/post/406409/base-suffers-second-mainnet-stall-in-two-days #Web3 #Blockchain #Infrastructure
US crypto perpetual futures are now live, but Bitcoin may be the only market many traders can actually use as altcoin markets face liquidity and spread challenges. https://cryptoslate.com/us-crypto-perps-are-live-but-bitcoin-may-be-the-only-market-many-traders-can-actually-use/ #Blockchain #Crypto #Regulation
Banks across the US, UK and Europe now have a legal path to custody Bitcoin and settle tokenized funds, but Basels crypto capital rules still treat a Bitcoin position as a guaranteed loss. The 1,250% risk weight means a bank must hold a dollar of equity for every dollar of Bitcoin, pricing most crypto business out of the regulated banking system. https://cryptoslate.com/outdated-bank-rules-may-keep-crypto-outside-the-banks-now-allowed-to-hold-it/ #Web3 #Blockchain #Regulation
Ripple CEO Brad Garlinghouse has criticised Michael Saylor's preferred-share funding model, calling it a "damning indictment" after Strategy's STRC stock fell about 25% below par. Speaking on CNBC, Garlinghouse said "financial engineering does not drive long-term value" and that Saylor's approach has "hurt the overall market." He remains bullish on bitcoin. https://www.coindesk.com/markets/2026/06/27/ripple-ceo-stays-bullish-on-bitcoin-but-says-saylor-s-strategy-has-hurt-crypto #Web3 #Blockchain #InstitutionalAdoption
Strategy faces an 8B USD cash wall over the next two years as its preferred stock trades 25% below par. The Bitcoin treasury company formerly known as MicroStrategy has lost its enterprise premium, with investors now valuing the entire firm at less than the bitcoin it holds. https://www.coindesk.com/markets/2026/06/27/strategy-s-valuation-has-fallen-below-the-value-of-its-bitcoin-holdings #Web3 #Blockchain #InstitutionalAdoption
Four long-dormant Ethereum wallets have sold 33,623 ETH worth roughly 52.5M USD at around $1,560. The sale puts Ethereum's $1,500 support zone to the test as long-term holders who waited years begin exiting at levels well below peak-cycle prices. Spot ETH ETFs have recorded outflows from June 22-26. https://cryptoslate.com/ethereums-oldest-wallets-are-selling-into-the-one-price-test-buyers-cannot-dodge/ #Web3 #Blockchain #Markets
Tether is enabling gold-backed loans through crypto lender Ledn, letting holders of tokenised gold (XAUT) borrow without selling their bullion. The move monetises Tether's 23 billion USD gold reserve. This mirrors bitcoin-backed lending and extends the stablecoin giant's push beyond USDT. https://www.coindesk.com/business/2026/06/27/tether-putting-usd23-billion-gold-stockpile-to-work-with-bullion-backed-loans #Web3 #Blockchain #Tokenisation
Coinbase and OKX are offering sign-up bonuses to lure Binance's European users after the exchange failed to secure a MiCA licence ahead of the July 1 deadline. Coinbase offers a 5% transfer bonus while OKX pitches up to 8% deposit match for eligible users. https://www.coindesk.com/business/2026/06/27/coinbase-and-okx-try-to-lure-in-binance-s-450m-eu-users-after-failing-to-secure-a-mica-license #Blockchain #Crypto #Regulation
GnosisDAO's GIP-151 has passed with 215% quorum,authorising a one-time treasury redemption that lets GNO holders exchange tokens for a proportional share of the DAO's 8M treasury. This could transform governance tokens into claims on balance sheet assets, mirroring closed-end funds. https://cryptoslate.com/a-223m-dao-vote-could-turn-governance-into-a-cash-out-button/ #Web3 #Blockchain #Governance
Bitcoin has long been lumped in with precious metals as a hedge against a weakening dollar. That trade is unwinding as the Fed turns hawkish, and bitcoin is falling alongside the metals it was supposed to rival. https://www.coindesk.com/markets/2026/06/27/why-a-selloff-in-gold-and-silver-is-dragging-bitcoin-down #Web3 #Blockchain #Markets
All 32 of America's largest banks passed the Federal Reserve's annual stress test on June 24, surviving 10% unemployment, 39% commercial real estate crash and 708B USD in losses. The Fed froze its stress buffer rules until 2027, so results won't change capital requirements. https://cryptoslate.com/fed-stress-tests-reveal-whether-banks-can-survive-a-10-unemployment-shock/ #Web3 #Blockchain #Regulation