Regulatory Updates - IRS issues guidance for allowing crypto ETPs to stake digital assets [1]

Regulatory Updates - US Treasury & IRS issue new guidance granting crypto ETPs "a clear path to stake digital assets and share staking rewards"[1] Market Impact - The new guidance from US Treasury & IRS is a positive headline for the crypto market [1]

I do not like paying any types of taxes but I pay all my taxesI’m glad we are getting clarity on crypto ETPs and moreThe guessing game isn’t fun.Treasury Secretary Scott Bessent (@SecScottBessent):Today @USTreasury and the @IRSnews issued new guidance giving crypto exchange-traded products (ETPs) a clear path to stake digital assets and share staking rewards with their retail investors.This move increases investor benefits, boosts innovation, and keeps America the ...

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Crypto ETPs - Crypto ETPs 经历了 11.7 亿美元的资金流出 [1]

Daily News 🗞 | Oct 10• Ethereum devs launch Kohaku roadmap to bring privacy, security to wallets• Crypto ETPs smash 2024 total with $48.7B pouring in this year• DeFi TVL hits record $237B as daily active wallets fall 22% in Q3• Ripple to bring RLUSD stablecoin to Bahrain via new partnership• Swiss crypto bank Amina to offer Polygon’s POL staking with up to 15% rewards#CryptoNews #PoloniexNEWS ...

Product Innovation - Grayscale introduces the first U_S_-listed spot crypto ETPs with staking for Ethereum and Solana [1] - The products include Ethereum Mini Trust ETF ($ETH), Ethereum Trust ETF ($ETHE), and Solana Trust ($GSOL), pending regulatory approval [1] - These ETPs offer investors exposure to ETH and SOL while earning staking rewards [2] Strategic Initiative - Grayscale's initiative represents "first-mover innovation" and leverages $35 billion in assets under management [2] - Staking will be handled through institutional custodians and a network of validator providers, supporting network security and long-term resilience [2] - Grayscale's staking ETPs aim to combine traditional brokerage access with exposure to long-term network growth [3]

Product Innovation - Grayscale unveils the first U.S-listed spot crypto ETPs that allow staking for Ethereum and Solana [1] - The products include Ethereum Mini Trust ETF ($ETH), Ethereum Trust ETF ($ETHE), and Solana Trust ($GSOL), pending regulatory approval [1] - These ETPs provide investors exposure to ETH and SOL while earning staking rewards, a first for U.S spot crypto products [2] Strategic Initiative - Grayscale's initiative represents "first-mover innovation" and leverages the platform's $35 billion in assets under management [2] - Grayscale's staking ETPs aim to combine traditional brokerage access with exposure to long-term network growth [3] - Staking will be handled through institutional custodians and a network of validator providers, supporting network security and long-term resilience [2]

Crypto Market Trends - Crypto ETPs recorded record $6 billion weekly inflows [1] Company Initiatives - Galaxy launched new crypto and stock trading platform [1]

🗞️ Bitcoin hits new record high above $125K.🗞️ Polymarket bettors give a 73% chance that the U.S. government shutdown lasts until Oct 15th or later.🗞️ Grayscale becomes the first firm to offer staking through U.S. spot crypto ETPs.@JennSanasie hosts "CoinDesk Daily."Thank you to @MidnightNtwrk and @Stablecoin 👋 for being a sponsor of the CoinDesk media network. ...