The post SEC reviews more than 24 ETFs that could bring election betting to brokerage accounts appeared on BitcoinEthereumNews.com.
More than 24 prediction market ETFs proposed by Roundhill, Bitwise, and GraniteShares remain in regulatory limbo, with the SEC yet to act despite the issuers filing their applications in February. The agency pushed back the expected launch timing to gain clarity on fund mechanics and investor disclosures, delaying products that would have reached the market through the normal 75-day automatic effectiveness window. Roundhill’s filings track Democratic or Republican outcomes in the 2028 presidential race, 2026 Senate control, and 2026 House control. Bitwise matched the three election bets with its own PredictionShares lineup, then went further with funds wagering on Bitcoin at $100,000, Ethereum at $3,500, and WTI crude oil clearing a specified price in 2026. Once the SEC accepts the wrapper, almost any measurable event with a legally tradable contract under
The post Kalshi vs Polymarket 2026: Fees, Markets & US Legality appeared on BitcoinEthereumNews.com.
Two years ago the choice in the prediction market space was pretty straightforward. Polymarket was the crypto-native platform Americans weren’t meant to touch while Kalshi was the regulated US exchange that played by the book. Fast forward to today and there are multiple other prediction market platforms like Rothera, Predictdotfun, Opinion, Limitless etc that are looking to bite away at the market share. Despite competition ramping up, Kalshi and Polymarket are by far the leaders in terms of volume, number of trades and open interest. The line from two years ago, however, has mostly dissolved. Polymarket now runs a CFTC-licensed US arm and despite Kalshi fighting roughly a dozen states in the US over whether sports contracts count as gambling, the latest numbers on combined trading volume between the two platforms hit $47.5 billion in the month of June alone this year. That’s more tha
The post Crypto Posts Longest Losing Streak Since 2022, Yet On‑Chain Fundamentals Surge: Bitwise appeared on BitcoinEthereumNews.com.
A sharp divergence is opening up between crypto price performance and the underlying protocol economy. The latest Bitwise market update shows the Bitwise 10 Large Cap Crypto Index dropped 15.4% in the second quarter, with eight of its ten constituents posting negative returns. It marks the third consecutive quarter of losses—the longest such streak since the 2022 bear market. Yet the same report details a parallel universe of on-chain expansion. Ethereum transaction activity is now roughly 13 times higher than the 2022 bear-market bottom. DeFi total value locked has climbed more than 60%. Stablecoin assets under management have roughly doubled. Prediction market volume hit a record $43.2 billion during the quarter, while tokenized real‑world assets rose 50.3% year to date to $32.89 billion. The ETF Drain and Where Capital Is Fleeing Spot Bitcoin ETFs rec
The post Coinbase Chief Legal Officer Paul Grewal Exits After Six Years, Updates on CLARITY appeared on BitcoinEthereumNews.com.
Paul Grewal exits Coinbase as CLO after six years, effective at the end of July. Grewal led Coinbase through its IPO, the SEC lawsuit victory and its Texas move. Molly Abraham becomes Coinbase General Counsel after five years of key legal work. Paul Grewal, the lawyer who led Coinbase through its IPO, its war with the SEC, and its relocation from Delaware to Texas, is leaving the company after six years as Chief Legal Officer. Grewal announced his departure on X on Thursday, describing it as the conclusion of a chapter rather than the result of any conflict or boardroom dispute. He will transition to an advisory role at the end of July and has signed a three-month advisory agreement that keeps him connected to the company through October. He will also continue to serve on the board of Coinbase National Trust Company. “After helping to take the company public,
The post Bitcoin Bear Market: Milder Trend Signals Institutional Shift appeared on BitcoinEthereumNews.com.
Something unusual is happening in the current bitcoin bear market — and it has less to do with price charts than with who is actually holding the asset. According to Bitwise Senior Investment Strategist Juan Leon, this downturn is structurally the mildest bitcoin has ever seen, and the reasons why point to a fundamental shift in how the market works. Key takeaways The current bitcoin drawdown of 50% is significantly smaller than the 78% swing in 2022 and the 84% drop in 2018, making it bitcoin’s mildest structural bear market on record. Institutional clients are split: some are dollar-cost averaging into the dip, while others are waiting for regulatory clarity before committing capital. Since April, spot bitcoin ETFs have seen over $4 billion in outflows, while memory-chip ETFs attracted roughly $12 billion in inflows — a gap Bitwise expects to reverse. The Clarity Act, if passed
Ripple Remedies Fight Gets Another SEC Filing as Final Penalty Debate Drags On is the kind of crypto story that looks simple at headline level but becomes more useful once you place it inside the wider market backdrop. The Ripple case has
Crypto sponsorships in esports could reshape funding dynamics, while prediction market activity highlights growing financial interest in gaming.
The post Nongshim RedForce eliminates Team Vitality from EWC VALORANT 2026 as crypto sponsors make esports debut appeared first on Crypto Briefing.
The post SEC could start writing crypto rules before the Senate votes on CLARITY appeared on BitcoinEthereumNews.com.
Three SEC crypto proposals are now penciled in for July, covering token offerings, broker-dealer custody and trading venues. The agency could start writing the rules before the Senate even decides whether to take up the CLARITY Act. Earlier this week, SEC Chair Paul Atkins said the agency’s 2026 regulatory agenda aims to bring more crypto products onshore, create clearer rules for capital raising with crypto assets, and clarify how market participants can custody and facilitate the trading of tokenized securities on-chain. According to him: “[These efforts are to] ensure that the next chapter of financial leadership is written in the US, and that our capital markets continue to lead the world – in their depth, their dynamism, and their unrivaled ability to transform ingenuity into prosperity.” That posture has translated into three July NPRM targets covering crypto-asse