The proposed spot Dogecoin exchange-traded fund ETF may be gaining ground, as growing engagement between issuers and regulators boosts hopes for approval. According to recent filings , Bitwise Asset Management has submitted amended applications to the U.S. Securities and Exchange Commission ( SEC ) for its proposed spot Dogecoin ( DOGE ) and Aptos ( APT ) ETFs. Bitwise was one of the first firms to file for a Dogecoin ETF in January, and the amendments come as engagement continues between issuers and the regulatory commission over the proposals. The updated filings also follow the SEC’s recent decision to delay its review of Bitwise’s Dogecoin ETF, citing the need for more time to assess whether the product meets legal standards. A key change in the revised proposals is the addition of “in-kind” creation and redemption mechanisms, a feature absent in the original filings. This change allows ETF shares to be exchanged directly for the underlying crypto asset, which can improve tax efficiency and reduce market impact. You might also like: Why “there’s not going to be enough Bitcoin” according to Bitwise CEO Commenting on the amended filings, Bloomberg ETF analyst Eric Balchunas described the updates as a positive sign, noting they reflect growing momentum around spot crypto ETFs. He added that the inclusion of in-kind mechanics is a “huge update,” likely to set a positive precedent and become standard across the board. Bitwise has filed amended S-1s for their spot Dogecoin ETF and their spot Aptos ETFs. Good signs as it indicates SEC engagement, and tracks with other spot approvals. pic.twitter.com/vWpkMwyhyT — Eric Balchunas (@EricBalchunas) June 26, 2025 Earlier this month, fellow Bloomberg analyst James Seyffart estimated the approval odds for a Dogecoin ETF at 80%, and the increased regulatory engagement suggests a likely path to approval for the proposed investment vehicle. Meanwhile, other firms, including Grayscale and 21Shares , are also in the race for a Dogecoin ETF approval, while Bitwise remains the only issuer to file for an Aptos fund to date. The SEC is currently reviewing dozens of proposals for other spot ETFs as institutional interest in altcoin-based products grows. Read more: Ninth Solana ETF filing lands as Invesco and Galaxy submit S-1
Believe memecoin launchpad has unveiled $1million Believe Builders Fund to back builders and communities through various initiatives. On June 27, Believe, a Web3 SocialFi platform enabling token launches via social interactions on X, announced the launch of the Believe Builders Fund. The initiative commits $1,000,000 over the coming months to support high-potential builders and communities through fellowship grants, hackathons, and targeted incentives. This announcement comes amid a sharp decline in platform activity. According to Dune Analytics, token launches on Believe peaked in early May with over 4,000 tokens launched per day. However, activity steadily declined throughout the month and into June, with daily launches dropping below 100 by late June. This trend suggests the Builders Fund may be a strategic move to reignite developer engagement and restore momentum. Source: @beincrypto | Dune Analytics You might also like: Believe memecoin launchpad rolls out rug protection features LAUNCHCOIN , the token closely tied to Believe through its founder Ben Pasternak — who created both the platform and the token — has also seen a sharp decline, shedding nearly 50% of its value in the past month. It’s market cap currently stands at $95 million, 70% down from the peak of $312 million on May 15. The token’s market cap surged from $10 million on May 12 to over $240 million by May 14, driven by hype after Alex Leiman — creator of viral apps like RizzGPT and Astra — launched NOODLE, a crypto token for a game on the Believe platform. The price spike also aligned with Believe’s peak activity, with nearly 5,000 tokens launched on May 13 and 14. In addition to announcing the Builders Fund to revive developer activity, the platform recently introduced rug protection features to safeguard users from rug pulls and scams. These include automatic and manual fee blocking on new tokens and a standardized “BLV” contract address suffix. You might also like: LAUNCHCOIN leads crypto market with 500% rally, what is Launch Coin on Believe?
The crypto mining firm Bit Digital officially marks its departure from Bitcoin mining and towards Ethereum staking by issuing $150m shares in a public offering to buy more ETH. In a recent press release , Bit Digital announced that it will be issuing 75 million shares at $2 each, with an additional 11.25 million shares available to underwriters via a 30-day option. In total, the public offering will be enough to raise $150 million in capital. The offering is set to close on June 27 and will be subjected to “satisfaction of customary closing conditions.” According to the company’s statement, the funds generated from the public offering will be used to buy Ethereum ( ETH ) in order to accelerate building an ETH treasury. The company describes itself as a “digital asset platform focused on Ethereum-native treasury and staking strategies.” This marks one of the largest public ETH treasury commitments to date. Not only that, it also marks the company’s first major pivot from Bitcoin ( BTC ) mining as it attempts to fully transition towards Ethereum staking and building a dedicated ETH treasury. Bit Digital’s stock saw a 15% drop after it effectively quit Bitcoin by accelerating ETH accumulation efforts, June 27, 2025 | Source: Yahoo Finance You might also like: Ethereum co-founder: Wall Street will ‘go deep’ into DeFi and Ethereum After the news broke, indicating that it would be formally ditching Bitcoin in favor of Ethereum, the Bit Digital stock BTBT plummeted by 15.32% upon the latest closing price. The BTBT stock is currently valued at $1.99 in the market, according to Yahoo Finance . Despite this fact, the firm has started accumulating ETH alongside its Bitcoin holdings since 2022. As of June 14, Bit Digital held approximately 24,434 ETH (nearly $59.6 million) and 417.6 BTC ($44.85 million). With the recent public offering, the company will be able to increase its Ethereum holdings to $209.6 million based on the current value of ETH, which sits at $2,441. The company declared that it plans to convert all its Bitcoin holdings into Ethereum in the future. Earlier this month, amidst the rapidly growing trend of institutions vying for BTC reserves, companies focused on building corporate Ethereum reserves are also catching up. As previously reported by crypto.news, on June 19 strategic reserves among institutions amounted to 1.190 million ETH. The 1.190 million ETH now held by corporations amount to more than 1% of the total supply of ETH or worth nearly $3 billion at current market prices. Read more: Ethereum strategic reserves hit 1% of supply as corporate adoption accelerates
Bitcoin might form a double top, but a 2022-like drop is unlikely. Institutional investment is shaping current price trends and market dynamics. Continue Reading: Dive into Bitcoin’s Future and See What Lies Ahead The post Dive into Bitcoin’s Future and See What Lies Ahead appeared first on COINTURK NEWS .
According to a recent announcement by Bithumb, effective 15:00 on June 27, 2025, Felaz (FLZ) will be classified as a trading warning stock under the Virtual Asset Trading Warning Stock
Bitcoin is currently experiencing significant market volatility, driven by a sharp rise in Net Taker Volume, signaling increased trading activity and potential price shifts. Institutional investors continue to demonstrate confidence
Coinbase has launched US-perpetual futures for Bitcoin (BTC) and Ethereum (ETH), marking a pioneering step under CFTC compliance that introduces innovative trading options for American investors. The new contracts feature
The post Why Is XRP Price Down Today? appeared first on Coinpedia Fintech News Crypto prices today are largely moving sideways, with several altcoins slipping into the red. Among the top losers is XRP, which has dropped nearly 4% in the past 24 hours and is now trading around $2.09. While the broader market is showing signs of fatigue, XRP’s decline appears to be driven by a mix of legal, technical, and investor sentiment factors that are weighing heavily on its short-term outlook. Why is XRP Price Falling Today? Judge Halts $50M XRP-SEC Deal The primary factor behind the XRP price drop is Judge Analisa Torres’ decision on the XRP SEC case. Yesterday, she denied a joint request by Ripple and the SEC for early feedback on their $50 million settlement deal. She made it clear that no decision will be made until the appeal process is over. This decision has disappointed investors who were hoping for a faster resolution. XRP Ledger Activity Falls Sharply The XRP network is seeing lower activity. XRP Scan Data shows a big drop in daily transactions and active addresses. Payments on the XRP Ledger fell from nearly 1.83 million per day to 277,147 on June 27, with an 84% decrease. Adding to this, large XRP holders have also been selling, which is pushing the price down further. XRP ETF Approval Hopes Fading Investor hopes for a U.S based XRP spot ETF approval have also taken a hit. Just weeks ago, XRP ETF approval odds were over 95%, but now dropped to 76% following the latest court denial. This fading hope has led many investors to wait on the sidelines instead of buying more XRP. Global Market Sentiment Turns Weak The broader crypto market isn’t helping either. Bitcoin and other top coins are down as well, weighed down by the ongoing Middle East war and profit-taking. XRP, already dealing with legal stress, is feeling the pressure even more. What’s Next For XRP Price? From a technical view, XRP’s price has broken below its bullish flag pattern, showing strong selling momentum. However, the MACD indicator also shows bearish signals. If this trend continues, XRP could dip towards $1.90 before possibly bouncing back with renewed strength.
Bitmart has launched X Insight, a real-time artificial intelligence (AI) platform that analyzes social activity on X to generate actionable trading signals, trend alerts, and sentiment scores, helping traders navigate the market with smarter data. Bitmart Debuts ‘X Insight’ to Turn X Chatter into Real-Time Trading Edge Bitmart has rolled out X Insight, an AI-powered
Optimism is growing within the Dogecoin community following significant strides towards a spot Dogecoin Exchange-Traded Fund (ETF). Bitwise, a leading crypto asset management firm, has amended its S-1 filings for a spot Dogecoin ETF. This update is largely viewed as a constructive engagement with the U.S. Securities and Exchange Commission (SEC), potentially paving the way … Continue reading "Dogecoin ETF Hopes Soar as Bitwise Amends Filings, Price Action Mixed" The post Dogecoin ETF Hopes Soar as Bitwise Amends Filings, Price Action Mixed appeared first on Cryptoknowmics-Crypto News and Media Platform .