The positive headlines keep pouring in from WashingtonWatcher.Guru (@WatcherGuru):JUST IN: 🇺🇸 US Treasury & IRS issue new guidance granting crypto ETPs "a clear path to stake digital assets and share staking rewards." ...

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 ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

📊 UPDATE: Crypto ETPs saw $1.17 B in outflows last week, per CoinShares. https://t.co/a9ZJqwDWJ8 ...

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. ...

Macroeconomic Factors - Expectation of 3 or more Federal Reserve rate cuts [2] - Federal Reserve is anticipated to end its Quantitative Tightening (QT) program [2] - Treasury is expected to implement Quantitative Easing (QE) through bond buying [2] Crypto Market Liquidity - Stablecoin liquidity is projected to exceed $300 billion [2] - Money-market funds hold $7.4 trillion [2] Regulatory and Product Approvals - Anticipation of Clarity Act approval [2] - Expectation of over 90 crypto Exchange Traded Products (ETPs) approvals [2] - Potential approval of ETH ETF staking [2]