21Shares files to launch SEI ETF, joining race with Canary Capital

21Shares files to launch SEI ETF, joining race with Canary Capital

SEI is the native token of the Sei network, a layer-1 blockchain specializing in trading infrastructure for decentralized exchanges and marketplaces. Crypto asset manager 21Shares has filed with the US Securities and Exchange Commission (SEC) to launch an exchange-traded fund tracking the price of SEI, following Canary Capital’s application in April.  The S-1 registration statement…

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Bitcoin futures demand rises even as BTC sells off: What gives?

Bitcoin futures demand rises even as BTC sells off: What gives?

Bitcoin’s recovery hinges on the resumption of the spot ETF inflows and investors’ ability to compartmentalize the whale selling and focus on fundamentals. Key takeaways: Bitcoin futures demand continues rising despite the recent price weakness, indicating sustained trader engagement. The put options maintained a premium over calls, reflecting persistent bearish sentiment among investors. Read more…

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Kalshi taps influencer to head crypto arm

Kalshi taps influencer to head crypto arm

The self-described university dropout came to the attention of Kalshi’s executives due to his social media activity. Prediction market platform Kalshi has hired digital assets influencer John Wang as its head of crypto in a move the CEO called “betting on slope.” In a Monday notice, Kalshi CEO Tarek Mansour said the company had hired…

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The future of crypto in the Asia-Middle East corridor lies in permissioned scale

The future of crypto in the Asia-Middle East corridor lies in permissioned scale

As Asia and the Middle East lead crypto adoption, success no longer comes from avoiding regulation, but mastering compliance to unlock true scale. Opinion by: Dipendra Jain, co-founder of TCX Regulation has become the baseline for crypto. From the United States’ regulatory enforcement to Dubai’s comprehensive crypto rulebook and India’s renewed debate on formalizing Bitcoin…

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