BlackRock submitted a registration statement to the U.S. Securities and Exchange Commission for the iShares Staked Ethereum Trust ETF, aiming to provide exposure to ether alongside staking rewards. The filing says the trust will seek to reflect ether’s price performance and staking returns where the sponsor believes this can be done without undue legal or regulatory risk.

Federal prosecutors have requested a 12-year prison term for Terraform Labs founder Do Kwon in connection with the 2022 collapse of Terra USD and Luna tokens that wiped out $40 billion in value. The sentencing recommendation was filed Thursday with the U.S. District Court for the Southern District of New York. Prosecutors cited the unprecedented scale of the fraud and Kwon's conduct in artificially inflating asset values while enriching himself.

Financial executives from Citadel Securities, Coinbase, Galaxy, and BlackRock revealed sharp disagreements over tokenization regulation during a Thursday SEC Investor Advisory Committee meeting. The session followed a Wednesday letter from Citadel Securities recommending stricter SEC oversight of DeFi protocols handling tokenized securities. Crypto advocates pushed back, arguing such rules are impractical for decentralized systems.

Rep. Bryan Steil questioned federal regulators on their progress implementing the GENIUS stablecoin law during a House Financial Services Committee hearing Tuesday. The legislation, which became law July 18, requires agencies to establish rules within one year. FDIC Acting Chair Travis Hill announced plans to propose implementation rules this month, while NCUA Chairman Kyle Hauptman confirmed regulators are committed to the July 18, 2026 deadline.

Grayscale Investments launched the Grayscale Chainlink Trust ETF (GLNK) on the New York Stock Exchange on Tuesday. The fund converted a private placement trust holding over $17 million in assets and offers investors exposure to Chainlink's oracle network infrastructure, according to Grayscale.

NYSE Arca certified Grayscale's Chainlink Trust ETF for listing on Monday, with trading set to begin Tuesday on the New York Stock Exchange. The product marks the first exchange-traded fund offering exposure to Chainlink's LINK token. LINK currently holds a market capitalization near $8.5 billion.

NYSE Arca certified the listing of Bitwise's Dogecoin ETF (BWOW) on Tuesday, clearing the fund for a potential Wednesday launch. Dogecoin ranks as the 10th largest cryptocurrency with a $23 billion market capitalization. The fund follows Grayscale's Monday debut and REX-Osprey's September launch.

NYSE Arca certified the listing of Grayscale's XRP Trust ETF and Dogecoin Trust ETF on Friday, with both products set to begin trading Monday. The approvals convert existing private placement vehicles into publicly traded ETF structures, expanding Grayscale's cryptocurrency investment product lineup.

Rep. Warren Davidson introduced the Bitcoin for America Act on Thursday, which would allow individuals and businesses to pay federal taxes in bitcoin. The legislation directs such payments into the U.S. Strategic Bitcoin Reserve, according to the Bitcoin Policy Institute.