The SEC delayed a slate of event-driven ETFs that had been slated to debut, asking for more time to scrutinize disclosures around products linked to political and macro outcomes. The move underscores regulators’ caution as they weigh how to present risks, pricing mechanics, and suitability for retail investors in a category that would set a precedent for event-based instruments in public markets.
Source: FinanceFeeds
Grayscale files to convert Zcash Trust into first U.S. spot ETF for a privacy coin
Grayscale submitted an application to transform its Zcash Trust into a spot ETF, a first for privacy-focused assets in U.S. markets if approved. The filing follows a reported end to an SEC review without ZEC-related enforcement, and arrives amid rising institutional interest and positioning in ZEC—though custody, auditing, and shielded-address mechanics will face heightened scrutiny.
Source: FinanceFeeds
Coinbase’s Armstrong heads to Capitol Hill as Senate Banking readies CLARITY Act markup
Coinbase CEO Brian Armstrong is set to meet Republican senators ahead of a pivotal Senate Banking Committee vote on the Digital Asset Market CLARITY Act. The latest draft aims to settle SEC–CFTC jurisdiction, set federal stablecoin standards, and define DeFi treatment—while banks continue lobbying to further curb stablecoin “yield” features that they argue could siphon deposits.
Source: FinanceFeeds
Crypto.com wins landmark UAE license to process Dubai government payments
Crypto.com secured a Stored Value Facility license from the UAE central bank, unlocking its partnership with Dubai’s Department of Finance to let residents pay government fees with digital assets. Settlements will be made in dirhams or approved dirham‑backed stablecoins, insulating public finances from crypto volatility and advancing Dubai’s cashless strategy.
Source: FinanceFeeds
Wise shifts primary listing to Nasdaq, seeks U.S. trust bank charter
Cross-border payments firm Wise began trading in New York, moving its primary listing from London in pursuit of deeper liquidity and U.S. growth. The company processed $243B in volume in FY’26 and is pursuing a national trust bank charter and Fed master account access to connect directly to U.S. payment rails and improve settlement efficiency.
Source: FinanceFeeds
ICE extends portfolio VaR margining to Texas ERCOT power contracts
Intercontinental Exchange rolled its IRM 2 value‑at‑risk portfolio margin model into ERCOT power futures and options, recognizing growing cross‑market linkages between power, gas, emissions and weather. The change comes as U.S. electricity markets see surging volatility and institutional participation tied to AI data centers, electrification, and extreme weather.
Source: FinanceFeeds
Schwab launches spot BTC/ETH trading to brokerage clients, raising consolidation stakes
Charles Schwab began rolling out “Schwab Crypto,” offering spot Bitcoin and Ethereum trading at a 75 bps fee inside its web, mobile, and thinkorswim platforms. While not the cheapest venue, the move lets investors view crypto alongside IRAs and brokerage holdings—intensifying pressure on standalone exchanges as traditional brokers fold digital assets into mainstream portfolios.
Source: FinanceFeeds
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