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One staff statement flagged for review is a 2019 document that provides guidance on how the SEC applies the Howey Test to digital assets.
The fund aims to benefit from the inherent losses resulting from holding leveraged funds longer than one day, known as volatility decay.
The Cathie Wood-led Ark Invest similarly bought COIN's dip in March, adding over $16 million worth of Coinbase stock to its funds.
The NFT market has suffered severe declines over the past three months, with both OpenSea and Blur experiencing significant drops in trading volume.
MakerDAO (now known as Sky) was the only major DeFi protocol to post revenue growth, while DeFi tokens have struggled, with the GMDEFI index down 40% year-to-date.
Markets plunged after President Trump announced global tariffs, triggering the worst stock performances since 2020 and a sharp crypto pullback.
While lower fees improve accessibility, they raise concerns about validator incentives as ETH struggles despite high network activity in stablecoins and RWAs.
The popular crypto commentator will stay on as an advisor to the influential firm as he doubles down on expanding the SEAL 911 security team.
The following is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The agency also stated that those wishing to create and or redeem covered stablecoins will be able to do so with having to notify the SEC.