Crypto M - Crypto News

🚀 Bitwise Amends Spot Hyperliquid ETF Proposal with SEC Bitwise Asset Management has submitted a second amendment for its proposed spot Hyperliquid ETF to the U.S. Securities and Exchange Commission as of April 10. According to NS3.AI, the amendment outlines a 0.67% annual management fee and introduces Flowdesk and Wintermute as approved HYPE trading counterparties, while removing A1 from the list. Anchorage Digital Bank remains the custodian for the fund. The ETF is set to trade on NYSE Arca under the ticker BHYP, with plans to stake the majority of its HYPE holdings while maintaining a 30% liquidity reserve for redemptions. #Bitwise#AssetManagement#HyperliquidETF#SEC#Amendment#ManagementFee#Flowdesk#Wintermute#A1#AnchorageDigitalBank#NYSEArca#BHYP#HYPE#LiquidityReserve#Redemptions

🚀 CLARITY Act Urged for Swift Advancement in Crypto Regulation Cynthia Lummis emphasized the urgency of advancing the CLARITY Act, warning that delays could push the next opportunity for establishing a crypto regulatory framework to 2030. According to NS3.AI, notable figures such as David Sacks, Brian Armstrong, and SEC Chairman Paul Atkins have also expressed support for expediting market structure legislation. #CLARITYAct#CryptoRegulation#CynthiaLummis#NS3AI#DavidSacks#BrianArmstrong#PaulAtkins#SEC#MarketStructure#Legislation

🚀 U.S. Government Pushes CLARITY Act to Reshape Cryptocurrency Oversight The White House, along with the Treasury, SEC, and CFTC, is intensifying efforts to advance the CLARITY Act in the Senate, aiming to transform the regulatory framework of the $2.4 trillion cryptocurrency market. According to NS3.AI, the White House Council of Economic Advisers has indicated that prohibiting stablecoin yields would only marginally increase U.S. bank lending by $2.1 billion within a $12 trillion market. Additionally, a proposal from FinCEN and OFAC dated April 8 suggests categorizing U.S. stablecoin issuers as financial institutions under the Bank Secrecy Act. SEC Chair Paul Atkins and CFTC Chair Mike Selig have expressed readiness to enforce the bill, contingent upon congressional action. #Cryptocurrency#CLARITYAct#USGovernment#Regulation#SEC#CFTC#Treasury#Stablecoins#FinCEN#OFAC#BankSecrecyAct#WhiteHouse

🚀 SEC Chair Discusses Project Crypto's Role in Implementing CLARITY Act U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins has shared insights on social media regarding Project Crypto. According to Foresight News, Atkins stated that the initiative is designed to ensure the SEC and the Commodity Futures Trading Commission (CTFC) are prepared to implement the CLARITY Act once Congress takes action. The project aims to streamline regulatory processes in anticipation of legislative developments. #SEC#ProjectCrypto#CLARITYAct#Regulation#PaulAtkins#CTFC#Legislation#FinancialNews

🚀 XRP Gains Legal Clarity as Digital Commodity in the U.S. The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have jointly established a framework on March 17, 2026, classifying XRP as a digital commodity. According to NS3.AI, this decision places XRP among 16 digital assets with formal legal status under U.S. law. In Japan, XRP is included on the JVCEA Green List, and 20 member exchanges have listed it. Additionally, SBI Remit operates live XRP Ledger corridors for real-time transfers from Japan to Southeast Asian bank accounts. U.S. spot XRP ETFs have surpassed $1.5 billion in assets under management as of early 2026. The upcoming CLARITY Act, anticipated in late April, is expected to further solidify XRP's status as a commodity. #XRP#DigitalCommodity#SEC#CFTC#Cryptocurrency#Blockchain#XRPledger#ETFs#CLARITYAct#Japan#SoutheastAsia#LegalFramework

🚀 Unusual Oil Market Activity Precedes U.S.-Iran Ceasefire Announcement On April 9, unusual trading activity occurred in the oil market just hours before U.S. President Donald Trump announced a ceasefire agreement with Iran. According to BlockBeats, at 19:45 GMT on Tuesday, investors unexpectedly sold 8,600 lots of Brent and U.S. oil futures during a non-active trading period, amounting to approximately $950 million. Less than three hours later, Trump officially announced a two-week ceasefire with Iran. This news caused oil futures to plummet by about 15% at Wednesday's opening, falling below the $100 mark. The strategic short positions resulted in significant profits within hours. This incident is not isolated; on March 23, similar unusual trading occurred 15 minutes before Trump announced a delay in striking Iranian energy facilities, leading to a 15% drop in oil prices. Since the escalation of U.S.-Iran tensions, daily oil trading volumes have doubled to millions of lots. Congressman Ritchie Torres has formally requested the SEC and CFTC to investigate these "suspicious" trades. Torres emphasized the need to examine the accounts involved due to the trades' speed, scale, and structure. Currently, CME and SEC have declined to comment, while CFTC previously stated it is "monitoring" market anomalies. #OilMarket#USIran#Ceasefire#TradingAnomalies#OilFutures#MarketManipulation#SEC#CFTC#BrentCrude#EnergyNews