The U.S. Securities and Exchange Commission (SEC) is expected to rule on the Grayscale Digital Large Cap Fund (GDLC) this week, and an expert thinks a green light is almost guaranteed. Nate Geraci, president of the ETF Store, predicted a “high likelihood” of approval, with such a decision potentially unlocking the path for the first U.S. spot ETFs tracking major altcoins like XRP, Solana (SOL), and Cardano (ADA). The Stepping Stone for Altcoin ETFs Grayscale’s GDLC is a diversified trust holding Bitcoin (BTC), Ethereum (ETH), XRP, Solana, and Cardano. Approval to convert it into a listed ETF would represent the SEC’s first go-ahead for a U.S. product holding these specific altcoins within the ETF wrapper. Posting on X on June 30, Geraci argued that the regulator’s engagement, evidenced by the filing of an amended S-3 form just last Thursday, signals serious consideration. He highlighted a regulatory loophole that allows up to 15% of ETF holdings to be private assets, with some issuers getting “creative” to exceed the limit. With XRP, SOL, and ADA making up less than 10% of the GDLC portfolio, Geraci explained that excluding them would be inconsistent with the 1933 Securities Act. He also believes the GDLC would provide a low-risk “test run” for the SEC before a “slow step into other assets.” “Think *high likelihood* this is approved,” the analyst wrote. “Would then be followed later by approval for individual spot ETFs on xrp, sol, ada, etc.” Regulatory Thaw The anticipated clearance follows a series of pro-crypto developments in the United States. President Donald Trump’s embrace of the industry has emboldened asset managers, leading to a flurry of altcoin ETF filings since early 2025, including standalone applications for XRP, SOL, and ADA from firms like WisdomTree, 21Shares, and VanEck. Grayscale itself has filed separate proposals to convert its XRP and SOL trusts into spot ETFs, an action that, until recently, would have been considered dead on arrival. In February, the SEC acknowledged the investment giant’s Solana ETF proposal, a move Bloomberg analyst Eric Balchunas called “a baby step, but a notable development.” Furthermore, one of the businesses connected to the president, Trump Media, now has some skin in the game after filing for a spot Bitcoin and Ethereum ETF, with Crypto.com as custodian. Meanwhile, institutional demand for such products is surging, with spot BTC ETFs attracting more than $2.2 billion in inflows last week. This makes it seven straight weeks of net inflows and pushes the cumulative total to just under $50 billion per data from SoSoValue. The post Experts Positive on Crypto Altcoin ETFs This Year: Will XRP, ADA, and SOL Benefit? appeared first on CryptoPotato .
A revisit to the $100,000 level seems likely now that BTC price slipped below two key support levels.
Amid fresh controversy and a wave of delisting rumors, Shiba Inu (SHIB) finds itself at the center of crypto community debate. A SHIB executive has stepped forward to calm fears, offering clarity at a time when investor sentiment wavers. This article breaks down the facts, analyzes SHIB’s current price action, and explores what the future holds for the meme coin heavyweights in a market that’s anything but predictable. Shiba Inu Struggles but May See a Rise If It Overcomes Key Levels Source: tradingview Shiba Inu (SHIB) is trading between $0.00001095 and $0.00001236. This slight dip follows recent declines of over 48% over six months. The coin shows potential if it can surpass resistance levels at $0.00001287 and $0.00001428. Achieving these could mean a price increase of around 20-30% from the current rate. Despite the downtrend, a low RSI of 35.07 suggests the token might be oversold, hinting at a possible rebound. Near-term support lies at $0.00001005. If Shiba Inu maintains or exceeds recent price levels, investors might see growth, as long as it breaks past these significant benchmarks. Conclusion While Shiba Inu faces lingering uncertainty and must climb out of a significant downtrend, the technical indicators suggest a potential reversal is not out of reach. With executive reassurance helping to restore some confidence, SHIB’s path forward hinges on its ability to break resistance and reclaim momentum. As the meme coin market reshuffles, traders will be watching closely—because in crypto, sentiment can flip faster than the charts. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
The much-anticipated Dual Governance model for liquid Ethereum staking protocol Lido has finally been approved by LDO holders. An announcement from Lido confirmed its success, noting its significance in improving governance mechanisms for Ethereum stakers. According to the announcement , the approval is the culmination of three years of efforts to address the risk of governance capture on Lido and ensure that the Lido DAO continues to keep Ethereum decentralized. It said: “Dual Governance is the culmination of 3 years of research and development to solve the risk of governance capture and support Lido DAO’s purpose of keeping Ethereum decentralized, accessible and resistant to censorship.” With the governance model now approved, Lido DAO is set to see a change in the voting process. Currently, voting has phases, including forum discussion, followed by off-chain and on-chain voting. However, dual governance adds a new phase in which holders of staked ETH (stETH) can now oppose the decisions of LDO holders. Interestingly, the governance model will be fully launched on-chain by July 4, and it will be the first proposal where the dual governance model will be implemented. According to Lido Finance, this mechanism ensures that stakers have a say in the protocol’s governance by allowing them to delay proposals they disagree with for as long as 45 days while withdrawing their staked ETH. Meanwhile, the protocol is giving Proof of Attendance Protocol (POAP) non-fungible tokens (NFTs) for free to users who voted for Dual Governance. So far, 11 PAOPs NFTs have been minted while 176 POAPS remain unclaimed. Users can enter their addresses to see if they are eligible to claim the NFT. This aligns with its appreciation for those who contributed to the dual governance model, from the developers to the voters. Positive reactions trail Dual Governance approval Meanwhile, the community’s reaction to the approval has been positive, with many noting that Lido has always been a pioneer. The protocol already dominates the Ethereum staking category with 25% of the market share due to having over 9 million ETH staked. Lido’s share of ETH staking (Source: Dune Analytics) However, many expect its adoption to increase further with this new governance model. Lido Strategic advisor, the pseudonymous Hasu, noted that this new governance will improve the quality of proposals that can be passed on Lido and prevent any hostile takeover of the protocol, making it one of the most secure liquid staking products. Hasu shared his view on the Unchained podcast with Laura Shin , adding that he expects the protocol to attract more users given its improved security since stakers no longer have to worry about the DAO approving any proposal that will harm them. Interestingly, the protocol is already working on its newest version, which will bring new features to Lido. The v3 has already launched on the testnet and aims to bring customizable modular staking to Ethereum. One of the key features in the Lido v3 is stVaults, a personalized staking solution that allows users to set up their staking products. LDO continues to struggle Meanwhile, the recent development did not positively impact the Lido token LDO , which is down 5.46% today. The token has been struggling throughout the year, falling 60.85% year-to-date, with no signs of recovery. Although it is unclear why LDO is struggling, many have expressed concerns that the new governance model could further affect the token. However, Hasu believes that dual governance will have a positive impact on LDOs because it only strengthens the network and prevents bad decisions. He said: “The value of LDO does not come from the ability to make negative proposals.” Thus, he expects that the improved security on the protocol could further onboard more users and boost LDO value over time. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites
Nearly 200 companies now hold billions in Bitcoin, but a new report cautions that only a few can avoid the dangers of a potential death spiral. Bitcoin’s ( BTC ) corporate adoption is accelerating fast, with nearly 200 entities now holding over 3 million BTC on their balance sheets. But as new players seem to rush in, only those who can skillfully grow their Bitcoin holdings per share are more likely to survive the risks ahead. As of May 2025, about 199 entities reportedly hold 3.01 million BTC, roughly $315 billion at current prices. Among these, 147 companies — both private and public — hold around 1.1 million BTC, valued at $115 billion. And this isn’t static. Since early 2024, Bitcoin held by such entities has more than doubled. Corporate Bitcoin adoption among different entities | Source: Breed.VC The story here isn’t just about accumulation, but about how companies whose main purpose is to hold Bitcoin are being valued differently, say analysts at Breed.VC. Think of these as Bitcoin holding companies — Strategy is the poster child. A new report highlights that for these firms, survival and success depend on commanding what’s called the Multiple on Net Asset Value, or shortly MNAV. Essentially, this is a premium investors pay above the Bitcoin value on the books. Wait and see But this premium, the report explains, “hinges on trust in and execution by the core team.” It’s not just about owning Bitcoin; investors want to see these firms execute a playbook that grows Bitcoin holdings per share faster than anyone could by simply holding Bitcoin on their own. Bitcoin holdings and MNAV | Source: Breed.VC Strategy currently dominates with about 580,000 BTC, over half of all corporate-held Bitcoin, valued around $60 billion. Yet its market capitalization sits at $104 billion, giving it an MNAV of about 1.7 times. Historically, Strategy’s 2x MNAV has been the gold standard. The report outlines three main levers Strategy has used since 2020: Issuing convertible debt with low coupons, which converts to equity only if the share price jumps substantially, protecting shareholders from dilution unless performance warrants it. Running at-the-market stock issuance programs, allowing them to sell new shares when the price exceeds MNAV and then dollar-cost average into more Bitcoin. Reinvesting all free cash flow from legacy businesses into buying spot Bitcoin. Others are watching and learning. New entrants are adopting and tweaking this approach, some even enabling Bitcoin holders to swap coins for shares without triggering capital gains, or acquiring undervalued businesses and turning that value into Bitcoin. Others pursue distressed Bitcoin litigation claims or raise capital via PIPE deals, apparently navigating regulatory grey areas to their advantage. You might also like: Strategy joins Russell Top 200 Value Index with $64b BTC on the books The roster of Bitcoin treasury players is growing fast. Over 40 companies have announced Bitcoin treasury strategies in the first half of 2025 alone, raising tens of billions to back these moves. These firms come from all over: Metaplanet from Japan is capitalizing on low interest rates there, Semler Scientific and GameStop in the U.S. have pivoted their treasuries, and pure-play firms like Twenty One Capital — backed by Tether and Cantor — are also in the mix. Contagion risk Yet, despite all the optimism, the report cautions that “nothing in finance is bulletproof,” especially in this space. Strategy itself faced a brutal stress test during the 2022–23 bear market. Bitcoin’s price plummeted 80%, the MNAV premium collapsed, and capital dried up. Though the company survived, the threat is clear. Crypto treasury company death spiral | Source: Breed.VC An extended bear market combined with looming debt maturities could force firms to sell Bitcoin to meet obligations, potentially triggering a vicious cycle of price drops and forced sales. This risk is said to be particularly acute for newer companies lacking Strategy’s scale and reputation. They often raise capital on tougher terms with higher leverage, which in downturns could accelerate margin calls and distressed selling, amplifying market pressure. The report predicts that “when failures inevitably hit, the strongest players are likely to acquire distressed companies and consolidate the industry.” “Fortunately, contagion risk is muted because most financing is equity-based; however, companies that rely heavily on debt pose a greater systemic threat.” Breed.VC Looking ahead, the Bitcoin treasury company model appears to be just getting started, and not only for Bitcoin. The playbook is already spreading to other crypto assets. For example, Solana has DeFi Development Corp, which holds over 420,000 SOL and is valued around $100 million, and Ethereum has SharpLink Gaming, which raised $425 million in a round led by Consensys. The report expects this trend to grow globally, with more companies chasing higher leverage to amplify success. However, it also foresees that “most will fail.” In that shakeout, only a handful will maintain a lasting MNAV premium through “strong leadership, disciplined execution, savvy marketing, and distinctive strategies.” In short, the game is evolving. Bitcoin treasury firms aren’t just holders anymore as they are becoming their own breed of companies, entities that must demonstrate skill and discipline to outperform the market they invest in. Read more: GameStop’s Bitcoin push echoes Strategy, but without the cushion
The United States Securities and Exchange Commission (SEC) has officially approved the conversion of the Grayscale Digital Large Cap Fund into an Exchange-Traded Fund (ETF). This significant regulatory decision allows the fund to be publicly traded on traditional financial markets while offering exposure to a basket of digital assets. According to the announcement posted by crypto enthusiast Amelie, the ETF will include several prominent cryptocurrencies, notably Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA). XRP’s Inclusion Marks a Significant Development The inclusion of XRP in this ETF has attracted considerable attention within the cryptocurrency community. The decision is particularly significant given XRP’s lengthy history of regulatory scrutiny in the United States. Many market observers interpret this as a major milestone for XRP, considering the asset has faced multiple legal and regulatory challenges over recent years. Amelie’s post highlighted the importance of this development, particularly for XRP holders and the broader crypto ecosystem. Community Reactions Reflect Market Sentiment Several cryptocurrency commentators responded to the announcement. An X user named X Finance Bull remarked that while the list of assets in the ETF is strong, the presence of XRP holds special significance, especially in light of the hurdles it has faced. This sentiment underscores how the regulatory clarity around XRP evolves in the U.S. financial landscape. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Another X user, FairyFrens, described the development as a pivotal moment for XRP. Their comment emphasized that fund conversions of this nature often reshape the structure and dynamics of the cryptocurrency market. They also questioned how other financial funds might respond following this approval, suggesting that it could influence broader trends in digital asset investment vehicles. Isabel, another participant in the discussion, emphasized the macroeconomic implications of the SEC’s approval. She noted that the U.S. economy is currently experiencing a downturn. In her view, this decision could serve as a catalyst to attract global capital inflows into the U.S. financial system. Isabel argued that the ETF, including XRP, has the potential to inject vitality into related industries, contribute to economic growth, and create employment opportunities within the digital economy. Implications for the Cryptocurrency Market The SEC’s decision to approve the conversion of Grayscale’s Digital Large Cap Fund into an ETF represents an important step in the continued integration of digital assets into traditional financial markets. This approval not only reinforces the growing acceptance of cryptocurrencies like Bitcoin and Ethereum but also elevates XRP’s standing in regulated investment products. The move could potentially pave the way for further adoption of cryptocurrency ETFs that incorporate a diversified range of assets. The regulatory validation also signals a shift in how U.S. authorities are approaching the crypto sector. By allowing XRP to be part of a publicly traded ETF, the SEC indirectly acknowledges its role as a legitimate asset in diversified investment portfolios. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Wall Street Just Gave XRP a Seat at the Table With Latest Grayscale Announcement appeared first on Times Tabloid .
The US Securities and Exchange Commission is poised to accelerate crypto ETF approvals by potentially eliminating the 19b-4 rule-change process, enabling listings within 75 days. This streamlined approach focuses on
As the second quarter of 2025 unfolds, both Solana (SOL) and Ethereum (ETH) remain at the center of market attention — but the tone is shifting. While the two Layer 1 giants continue to perform within key technical ranges, a noticeable wave of capital rebalancing is underway. Traders are beginning to rotate into lesser-known assets as they look for new growth drivers in a market that’s increasingly saturated with well-priced majors. MAGACOIN FINANCE Gains Traction as Traders Hunt ROI With the presale selling in out in days due out in days due to its fixed supply of 170 billion tokens, MAGACOIN FINANCE is carving out a niche as a high-upside political memecoin with strong structural foundations. Its smart contracts have been audited by HashEx, and its early-stage traction continues to build as wallet data shows a growing number of repeat contributors and expanding holder count. The coin remains priced under $0.01, yet projections from analysts suggest 20x–33x potential if current trends continue. What’s drawing particular attention is the behavior of early buyers: wallet activity and engagement metrics point to sustained conviction as capital seeks out scalable, early-access opportunities. In a market where Ethereum and Solana are seen as stable holds rather than explosive growth opportunities, projects like MAGACOIN FINANCE are filling the gap for investors chasing multi-bagger returns. Ethereum and Solana Rotation Toward High-Upside Plays Accelerates Ethereum showing solid strength after months of sideways movement. A combination of ETF speculation and strong Layer 2 activity has kept ETH buoyant, even as concerns over gas fees and competition from newer chains persist. Analysts note that while Ethereum’s role as infrastructure is not under threat, its upside may be capped in the near term unless major protocol upgrades significantly reduce costs and improve throughput. Solana, meanwhile, is holding around $140 after briefly testing higher levels earlier in the week. Its reputation for speed and scalability continues to draw developers and retail traders alike, but lingering concerns around network stability and increasing competition from rivals like Sui and Injective are beginning to weigh on sentiment. Although SOL remains a favorite for NFT platforms and DeFi builders, it has struggled to break through the $155 resistance zone convincingly. Despite their long-term value, both ETH and SOL are showing signs of cooling momentum. That’s leading many traders — particularly those seeking sharper returns in Q2 — to reallocate into emerging altcoins that have not yet priced in their full potential. Market data shows a steady trickle of funds moving out of top ten assets and into early-stage plays that still offer asymmetric upside. One of the standout beneficiaries of this shift is MAGACOIN FINANCE — a project still in its presale phase, yet already gaining attention across the Crypto community and Telegram groups. While not competing with Ethereum or Solana in terms of infrastructure, MAGACOIN FINANCE is drawing buyers through its clear tokenomics, community-first branding, and rapid early growth. Final Take: Majors Hold the Line, But the Rotation Is Real Ethereum and Solana aren’t going anywhere. They remain critical to the future of Web3, DeFi, and blockchain utility. But for now, they’re acting more like anchors than accelerants. As the broader market seeks new narratives and new sources of velocity, capital is rotating into assets like MAGACOIN FINANCE that still have room to surprise. Whether this shift becomes a lasting trend or just a Q2 phenomenon remains to be seen — but one thing is clear: the rotation is happening, and those early to spot it may benefit the most. To learn more about MAGACOIN FINANCE, visit: Website: https://buy.magacoinfinance.com Exclusive Access: https://magacoinfinance.com/entry Continue Reading: Solana and Ethereum See Capital Rebalancing in Q2 — Is MAGACOIN FINANCE the Breakout Alternative?
A 131% surge in HOOD stock followed the news, but adoption and regulation remain key.
Quick housekeeping note: This newsletter will be off on July 3, and back next Tuesday.As the slew of publicly-traded and wannabe public companies adopting crypto treasury strategies multiply daily, more and more are adopting a tried and true practice to stand out from the crowd, writes Teresa Xie.