☕️ GM! Here are the top events in #Crypto from the past 24 hours
📊Market Updates
🔸SEC approves in-kind redemptions for BTC and ETH ETFs, aligning crypto ETPs with traditional standards and cutting investor costs.
🔸Saylor's Strategy buys 21,021 BTC at $117K each, funded by a $2.5B preferred stock offering, the biggest U.S. IPO of 2025 so far.
🔸BitMine approves $1B stock buyback as ETH holdings reach 625K. Tom Lee aims to stake 5% of Ethereum’s supply via the treasury firm.
🔸SEC reviews BlackRock’s bid to add staking to ETH ETF and delays Grayscale’s Litecoin ETF decision during friendlier crypto rules.
🔸eToro announces 24/5 trading for 100 US stocks, expands spot-quoted futures, and plans tokenized equities on Ethereum.
🌟Highlights
🔸Tether is adding 5,800 BTC to Twenty One’s treasury ahead of its public listing, bringing total holdings to 43,500+ BTC.
🔸Sen. Lummis introduces bill requiring Fannie Mae & Freddie Mac to consider crypto assets in mortgage eligibility, marking a federal first.
🔸RAKBANK becomes UAE’s first conventional bank to offer retail crypto trading via Bitpanda, with AED-based transactions and in-app access.
🔸Biotech firm 180 Life Sciences rebrands to ETHZilla with $425M backing to build an ETH treasury and DeFi yield strategy.
🔸ETH Strategy raises 12,342 ETH ($46.5M) ahead of its STRAT token launch, aiming to offer leveraged ETH exposure via convertible debt and bonding.
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