
June 17th, 2025
“Crypto companies will be able to continue transaction activity as an unregulated business,” stated the Hawai‘i Department of Commerce and Consumer Affairs (DCCA) in a press release.
The offering by Abra Treasury will combine trading, borrowing, custody, and yield services. The development comes as there’s a growing demand among corporates to seek exposure to digital assets amid rising macro uncertainty
Analysts believe that the receiver might be consolidating its assets ahead of a potential approval by the SEC.
Following the debate between Trump and Biden, PoliFi tokens, including Biden-theme cryptocurrency Jeo Boden (BODEN), turned volatile.
Trump’s presidential campaign has garnered more crypto support through donations since the recent legal battle.
In addition to the “ghost pepper” ETF, T-Rex Group has also filed for other leveraged and inverse Bitcoin ETFs.
The report comes amid rising investor demand for regulated exposure to Ether (ETH), the world’s second-largest cryptocurrency by market capitalization.
The GSR report predicts a 9x rally in Solana price if the spot ETF debuts saying that Solana’s blockchain network utility improves the odds of SOL’s strong outperformance over Bitcoin.
A filing does not guarantee that the SEC would approve such a product that is tied to Solana, despite SOL being the fifth largest digital asset by market capitalization.
Under this partnership, Coinbase will also be integrating Stripe’s fiat-to-crypto on-ramp thereby allowing its users to purchase crypto with credit cards and Apple Pay.
Coinbase has a long history of fighting legal issues in the United States, being the firm crypto exchange to be publicly listed in the country.
At the moment, Unicoin is conducting a large-scale advertising campaign to increase brand awareness and attract potential investors.
According to the announcement, State Street Bank and Trust will manage the day-to-day operations and administration of the new ETFs.
Abra initiated a reduction of its operations within the United States starting June 2023, declaring a cessation of new user registrations for its US app and discontinuation of several consumer services nationwide.
The effect of spot ETH ETFs on the price of Ether would be relatively smaller as compared to the approval of spot Bitcoin ETFs on BTC.