SSK Makes Strong Debut as First US Solana Staking ETF, Logs $33M Volume
The first US Solana staking ETF has wrapped up its opening session with significant momentum. The new fund attracted $12 million in inflows and closed the day with $33 million…
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Is This the Biggest Bullish Divergence for Ethereum’s Price in July?
While Ethereum’s price remained subdued throughout June, data reveals a different story for the network itself. Beneath the surface, metrics quietly reached historic highs. That quiet gave way to movement…
VeChain Kicksoff $15M StarGate Staking Program After SEC’s Staking Clarity
Layer 1 blockchain platform, VeChain, is set to launch its $15 million StarGate staking program on July 1. The latest rollout is expected to be one of its largest incentive…
The US is About to Get its First Solana Staking ETF This Week
The REX-Osprey Solana Staking ETF will be launched on July 2 under the ticker SSK as the first US ETF allowing investors to earn rewards by staking Solana tokens to…
SEC Endorses Crypto Staking as Non-Security Activity in Landmark Guidance
On May 29, the SEC’s Division of Corporation Finance provided its views on staking on networks that use proof-of-stake as a consensus mechanism. The Division concluded that protocol staking activities…
SEC Delays Decision on Staking in Spot Ethereum ETFs
On April 14, the Securities and Exchange Commission delayed its decision on staking for the Grayscale Ethereum Trust ETF and the Grayscale Ethereum Mini Trust ETF. In February, the New…
Coinbase Holds 11.42% of Staked ETH with 120,000 Validators
Coinbase has released its first Ethereum Validator Performance Report, providing a detailed breakdown of its staking operations. It shows that the platform operates 120,000 validators, with 3.84 million ETH staked…
Ethereum Jumped 8% After CBOE Staked Ether ETF Application
On Feb. 12, the Chicago Board Options Exchange filed on behalf of asset manager 21Shares to list a spot staked Ethereum ETF. The 19b-4 filed by the Cboe BZX Exchange…
IRS Doubles Down on Immediate Staking Rewards Tax Stance
The U.S. Internal Revenue Service (IRS) has reaffirmed its stance on the immediate taxability of staking rewards, doubling down on a position assumed in 2023 as part of internal guidelines.…
Binance Unveils On-chain Yields With Babylon Bitcoin Staking
The world’s largest crypto exchange has announced the launch of an on-chain yield feature on its Binance Earn platform. According to an official release sent to CryptoPotato, Binance On-chain Yields…