NYSE Arca filed a proposal to amend Rule 8.201E that names XRP among examples of assets that could qualify for commodity based crypto trust listings. The filing sets an 85% net asset value minimum for approved assets and is now open for SEC public comment before a final decision.

DeFi United published a plan to restore rsETH backing after the April 18 Kelp DAO bridge exploit minted 116,500 unbacked rsETH. The proposal says about 107,000 rsETH remains in active lending positions, and outlines staged ETH recapitalization plus a controlled unwind on Aave to recover collateral, estimating about 13,000 ETH could be freed.

The United Arab Emirates has announced it is leaving OPEC after 59 years, a move that comes as markets react to supply disruption risks tied to the Strait of Hormuz. Bitcoin fell below $76,000 amid the broader risk-off tone sparked by the potential shock to energy flows through the key shipping corridor.

Polymarket has applied for approval from the U.S. Commodity Futures Trading Commission (CFTC) to bring its main exchange back to the U.S., Bloomberg reported.

Polymarket is pursuing approval from the U.S. Commodity Futures Trading Commission (CFTC) to bring its main exchange platform to the U.S., Bloomberg reported.

Odaily Planet Daily reported that Onchain Lens data show a Matrixport-linked whale, with more than $59 million in profits, opened a 30,000 ETH long position with 15x leverage in the past hour, valued at $68 million. The whale now holds 58,000 ETH in long exposure across three addresses (0xa5B0...1D41, 0xfd42...3d97, 0x6c85...84f6), using 15x to 20x leverage, for a combined position value of $131.82 million.

Hyperliquid gains help offset $216 million Q1 loss at Novogratz's Galaxy Digital.

Bitcoin whale holdings have risen to 3.09 million BTC, the highest level in six months, returning to levels seen before the latest market correction.

Onchain analyst Onchain Lens (@OnchainLens) reported that a Matrixport-linked whale that has already realized more than $59 million in profits returned to the market within the past hour, opening a new 30,000 ETH long position with 15x leverage, valued at about $68 million. The whale now holds a combined 58,000 ETH in long positions across three wallets, using 15x to 20x leverage, with a total notional value of roughly $132 million.