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Hyperliquid ETF Gains Momentum as Grayscale Files Third SEC Amendment

By | Edited By Ammar Raza,,

Hyperliquid ETF is advancing further after Grayscale Investments filed another amended S-1 Registration Statement with the SEC of the United States. Grayscale Investments, which manages around $35 billion in assets, is looking to launch this ETF with the stock symbol “GHYP”.

The most recent filing highlights Grayscale’s continued efforts to diversify its crypto offerings beyond Bitcoin and Ethereum. Interest in the Hyperliquid ETF has been gaining steam among institutions seeking exposure to new blockchain networks and other cryptocurrencies.

Hyperliquid ETF filing
Source: James Seyffart’s X Post

Also Read | Solana Expands Real-World Payments Through AirAsia MOVE

Hyperliquid ETF Filing Shows Ongoing SEC Discussions

James Seyffart, an ETF analyst at Bloomberg, noted that the new amendment is the third update that Grayscale has filed regarding its proposed Hyperliquid ETF.

It has been stated by Seyffart that the rising number of amendments indicates that negotiations between issuers and the SEC are taking place. Moreover, he pointed out that some financial institutions will join the competition in the future with HYPE ETFs due to the growing Wall Street interest in new cryptocurrency areas.

The filing is happening at a time when Hyperliquid is experiencing rapid growth. Hyperliquid is one of the fastest-growing crypto ecosystems this year, with the HYPE token recently breaking through to trade above $62 only to fall back along with other cryptos.

Hyperliquid ETF Could Include Staking Rewards

One of the key developments seen in the new proposal is the process of stakeholder integration. As highlighted in the submission, the Hyperliquid ETF will allow investors to benefit indirectly from the rewards resulting from staking HYPE coins.

If such an application were approved, the investment could provide dual exposure in terms of HYPE token price and blockchain staking earnings using one platform. Grayscale added that staking capability would also hinge on regulatory and taxation considerations.

Filing also revealed that the ETF can be named as “Grayscale Hyperliquid Staking ETF” after getting the approval from Nasdaq for listing.

There is still much growing institutional interest in relation to Hyperliquid. This is because companies like Bitwise and 21Shares have taken steps in order to launch products based on Hyperliquid amid the growing interest in altcoin ETFs after the success of Bitcoin ETFs.

The latest amendment also stated that Anchorage Digital would be the custodian of the HYPE holdings of the ETF, succeeding Coinbase Custody from previous documents.

Meanwhile, HYPE has undergone some downward selling pressure over the last 24 hours, dropping almost 5.17%, trading at $56.02. Despite the drop, experts say that the emergence of competition surrounding the Hyperliquid ETF market suggests that the Wall Street players have finally realized Hyperliquid’s significance in the crypto world.

Hyperliquid ETF Could Include Staking Rewards
Source: CoinMarketCap

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read | NEAR Price Breakout Signals Rally to $8 as Bullish Momentum Accelerates

Zcash Price Rallies Toward $700 Resistance as Bullish Momentum Builds

By | Edited By Ammar Raza,,

Zcash Price has gained significant attention in the crypto market as bullish momentum strengthens, with the asset climbing sharply toward a key resistance zone near $700. Currently, the asset has rallied and is approaching one of the major resistance levels around the $700 mark.

Currently, the Zcash price is $589.75, and it has $2.59 billion as the trading volume within the last 24 hours. This particular digital coin has $9.84 billion worth of market capitalization and a market share of 0.39%. In spite of the notable weekly gain, the crypto dropped 9.02% within the day.

Zcash price chart
Source: CoinGecko

Also Read | MoonPay Launches USDH and USDC Access Through Hypercore Network

Zcash Price Approaches Critical $700 Resistance Zone

Crypto analyst Ali Martinez highlighted that Zcash is now approaching the same resistance zone between $700 and $730 that previously triggered a sharp rejection in November. The analyst noted that the current price structure closely resembles the setup seen before ZEC’s earlier breakout.

Zcash price analysis
Source: Ali Marteniz’s X Post

Market observers first identified bullish momentum for Zcash in October last year when the token traded near the $280 level. Then, the crypto started growing rapidly and headed towards the mark of $700, but soon analysts warned about selling pressure.

Zcash Builds Support After Correction

After the correction, Zcash spent several months building support within the $250 to $340 range. Analysts assume that such a long consolidation period might create a base for the current rise.

Currently, Zcash continues trading above its 200-day moving average, which often serves as a long-term indicator for assessing the crypto market.

Some analysts expect that Zcash could experience a temporary decline towards the $400 price mark. Still, the current market situation shows that there is enough momentum that will allow for an increase for the time being.

ZEC technical price analysis
Source: TradingView

If broader crypto market conditions remain favorable, the Zcash Price could attempt another breakout above its previous highs. Otherwise, the mentioned $700-$730 resistance range would act as a barrier to further growth.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read | ASTER Price Moves Tight Squeeze Pattern: Is a Major Breakout Imminent?

Bank of America Expands Bitcoin ETF Holdings to $37 Million in Q1 Filing

By | Edited By Ammar Raza,,

Bank of America increased exposure to BlackRock’s iShares Bitcoin Trust ETF (IBIT) during the first quarter, according to its latest 13F filing. The company holds $53 million worth of crypto ETFs. The growing institutional involvement in investing in products associated with the crypto world amid the current market conditions is evident.

Furthermore, Bank of America increased its holding in the iShares Bitcoin Trust ETF to $37 million in the current quarter. At present, the firm holds 972,590 shares in IBIT compared to 719,008 shares held earlier. In addition, the firm maintains its diversified investment in Bitcoin ETFs in the crypto markets globally.

Bitcoin Trust ETF
Source: Official SEC Filing

Also Read | Solana Expands Real-World Payments Through AirAsia MOVE

Bitcoin ETF Allocation Signals Institutional Shift

As of March 31, 2026, Bank of America disclosed its latest investment activities in cryptocurrencies by filing the Form 13F. The company’s latest 13F filing was published in May, providing insights into institutional investors’ crypto ETF positioning. As such, the filing can be used as evidence of growing interest in regulated Bitcoin investment products.

Currently, Bank of America holds BlackRock IBIT worth $37 million, Bitwise Bitcoin ETF worth $8 million, Grayscale Bitcoin Mini Trust at $3.3 million, and Fidelity FBTC worth $1.7 million. In addition, other small portions of investments in GBTC, VanEck HODL, and ARK 21Shares have been made by the financial firm.

Bitwise Bitcoin ETF worth
Source: CEX News’ X Post

Ethereum and Altcoin Exposure Reduced in Portfolio

As noted, according to analysts, Bitcoin is currently more attractive to institutional investors compared to other altcoins. While Bitcoin is viewed as “digital gold,” other digital assets tend to experience much higher price fluctuations, making them less preferable for many companies’ portfolios.

Some analysts suggest that Bank of America’s strategy might be associated with the fact that it wants to protect itself against further market declines. With the economy moving towards a recession, the volatility might only grow. Thus, the decision by Bank of America to allocate funds to Bitcoin ETFs might be based on the assumption that it will allow avoiding risks and losing money.

Bank of America’s strategy aligns with broader Wall Street trends, as wealth advisors expand access to Bitcoin ETFs for clients. Also, Morgan Stanley offers similar products, while other institutions choose to reduce their Ethereum positions.

Also Read | DOGE Price Prediction: Fake Breakdown Hints at an Explosive Rally to $1.90

OKX Partnership Brings Global Oil Benchmarks Into Crypto Markets

By | Edited By Ammar Raza,,

OKX partnership with Intercontinental Exchange (ICE) is moving further toward mainstream banking with the launch of ICE Brent and ICE WTI perpetual futures by the exchange.

This collaborative effort of OKX represents a huge step ahead for the blockchain financial industry, adding to their exchange two of the most important benchmarks of oil in the world just a mere six months after the investment of ICE in the exchange.

This announcement signifies a linkage between global energy price formation and crypto-native protocols that are being widely used at present.

Both Brent and WTI crude oil indexes are critical components of the global oil market ecosystem, and their presence on OKX shows that blockchain has been embraced by the traditional financial industry.

Recently, the ICE Group, which is the parent organization of the New York Stock Exchange (NYSE), announced that it had made a strategic investment in OKX, along with acquiring a seat on its board. The OKX partnership has involved several aspects tied to the tokenization of NYSE products.

The Chairman of ICE, Jeffrey Sprecher, has noted before that ICE would like to introduce blockchain technology to the trading, settling, and capital formation processes.

As opposed to experimenting with small-scale digital tokens, ICE intends to test the global oil benchmarks using the well-known perpetual futures model from cryptocurrencies.

Also Read | PENGU Price Eyes $0.43 Breakout After Descending Wedge Formation

OKX Partnership Expands Real-World Asset Growth

OKX reports that its user base exceeds 120 million individuals globally. In this way, ICE gains easy access to a broad userbase who are primarily interested in cryptocurrencies, an audience that is generally difficult to access by means of traditional financial systems infrastructure.

The past year has seen an increased interest in tokenized government securities and equity on blockchain platforms. The commodities sector was widely anticipated to take its turn soon, and now, oil seems to have started doing just that with the recent partnership.

The bigger picture with respect to the OKX partnership may well be much broader than simply oil futures. It could also be a sign of just how major banks are leaning towards using blockchain rails rather than competing directly against crypto exchanges. Add tokenized exposure on world energy indices to the equation, and you have a pretty fierce fight on your hands.

Also Read | ONDO Price Surges 15% as Bullish Breakout Signals Strong Upside Momentum

Bitcoin Index Options Approved by SEC for Nasdaq Trading 2026

By | Edited By Ammar Raza,,

The US Securities and Exchange Commission has approved Nasdaq’s proposal to list cash-settled Bitcoin index options on the Philadelphia Stock Exchange. This is another regulatory step toward increasing the accessibility of cryptocurrency derivatives to institutional investors.

The approval was announced on May 23, 2026. These options will be European-style and will trade under the ticker symbol QBTC. However, the options will not launch until they receive approval from the Commodity Futures Trading Commission.

Cash-Settled Structure Reduces Custody Risk

The options will track the Nasdaq Bitcoin Index. This index is equal to one one-hundredth of the CME CF Bitcoin Index Options. This index is updated every 200 milliseconds and uses data from the major cryptocurrency exchanges. The options will be cash-settled.

Source: sec.gov

This means holders of the options will receive the difference between the spot price of Bitcoin and the strike price of the option at expiration.

This eliminates the risk of custody and early assignment of the options, which is a risk associated with spot Bitcoin ETF options. The position limits for these options will be 24,000 contracts per side.

Also Read: CLARITY Act Faces Senate Delays Before Key August Crypto Regulation Deadline

Regulatory Coordination Between SEC and CFTC

Although the SEC has given its approval for the launch of the Bitcoin Index Options, trading cannot commence without the CFTC granting exemptive relief.

As Bitcoin is considered a commodity by the CFTC, there is a shared oversight of the product between the two agencies. CME Group had previously argued that the CFTC had exclusive jurisdiction over such products.

However, the SEC cited Dodd-Frank Section 717 to state that there is a shared jurisdiction between the two agencies over cryptocurrency derivatives, such as security futures and mixed swaps; thus, they can coordinate their efforts and oversee these derivatives together.

Also Read: Iran Crypto Holdings Hit $7.7B as US Freezes $500M

Broader Shift Toward Crypto Market Clarity

Under the leadership of Chairman Paul Atkins, the SEC is working to provide more clarity regarding the regulatory frameworks for blockchain technology and digital assets. The agency has dropped many of its prior enforcement cases and explored the possibility of issuing an innovation exemption for tokenized equities on decentralized platforms.

Nasdaq’s recent approval of this Bitcoin Index Options indicates that this regulatory shift is having an impact on the crypto market, providing more tools for institutional investors to hedge their positions in the market while still highlighting the dependencies of the US crypto market on its regulators.

Also Read: IG Europe Expands Crypto Services With Bitpanda

Bitcoin ETF Outflows Hit $1.26B as Santiment Flags Contrarian Buy Signal

By | Edited By Ammar Raza,,

Sustained outflows from US spot Bitcoin ETFs have reignited debate over investor sentiment and market timing. According to data from Farside, more than $1.26 billion has exited 11 spot Bitcoin ETFs over the last five trading days, ending May 23, 2026.

Santiment, a cryptocurrency analytics firm, interprets the ETF outflows as a contrarian indicator of Bitcoin price action, indicating that investors should begin accumulating BTC.

Although the broader cryptocurrency market tends to view ETF outflows as a bearish indicator, Bitcoin traded at $75,410 at the time of publication, down 4.44% over the last 30 days.

ETF Flows Reflect Retail Conviction

According to Santiment, the flows into spot Bitcoin ETFs reflect the sentiment of retail investors rather than institutional investors. The firm noted that retail investors have become impatient with the cryptocurrency after it failed to hold the $80,000 price level during May 2026.

ETF Flows Reflect Retail Conviction
Source: PayBito

Historically, times when outflows from spot Bitcoin ETFs have been sustained have correlated with periods that were favorable for the accumulation of Bitcoin. Therefore, Santiment believes that the current pullback in the cryptocurrency market is a sign of a reset within the digital asset cycle.

Also Read: Trump-linked Truth Social Pulls Spot Bitcoin ETF Filing From SEC Review

Contrasting Market Narratives

The mainstream narrative in the blockchain space is that consecutive ETF outflows are indicative of deteriorating market sentiment and the possibility of further downside for these cryptocurrencies.

Santiment takes a different stance on this issue, arguing that the ETF outflows are actually representative of a healthy market de-risking process. Such contrasting viewpoints between on-chain analytics and ETF data create challenges for traders seeking to form an outlook on the near-term movements of the crypto markets.

Also Read: Bitcoin ETFs Surge as ETH, SOL, XRP Funds Bleed: Stark 2026 Institutional Divide Revealed

Analysts Eye Rebound in ETF Inflow

According to ETF analyst James Seyffart, Bitcoin ETFs have almost recovered the $9 billion in outflows that were recorded between October and February. With cumulative inflows into these ETFs standing near $60 billion since their launch, Seyffart anticipates a new all-time high for Bitcoin as more ETFs are launched.

Also Read: Bitcoin ETFs Record 7-Day Inflow Streak as $335 Million Institutional Demand Surges

GENIUS Act Drives Robust Stablecoin Compliance Framework 2026

By | Edited By Ammar Raza,,

The Federal Deposit Insurance Corporation has drafted new compliance norms for stablecoin issuers under the GENIUS Act, including the Bank Secrecy Act (BSA) and sanctions rules.The aforementioned template indicates a push toward stringent anti-money laundering (AML) and countering the financing of terrorism (CFT) measures in the digital asset space. It mirrors the FinCEN-prescribed rules under the GENIUS Act for crypto users.

Proposed BSA and Sanctions Alignment

Under the FDIC proposal, stablecoin issuers would have to implement BSA compliance programs similar to established financial institutions. Starting with customer due diligence, then transaction monitoring and suspicious activity reporting, stablecoin users are expected to have verifiable procedures that are similar to that of the control.

Proposed BSA and Sanctions Alignment
Source: Fireblocks

The stabilization process would have to include Sanctions screening, which would have to follow the Office of Foreign Assets Control (OFAC) watch list of monetary sanctions. Through this step, there is only one regulation system for operation of digital dollar based on FinCEN’s.

Also Read: Morgan Stanley Launches Stablecoin Fund Under GENIUS Act 2026

Impact on Issuer Oversight

Were they to be to adopted, the rules would seem to intend to heighten supervisory oversight for stablecoin issuers. Issuers could be required to strengthen compliance infrastructure, improve reporting burden sharing with regulators and allot resources for AML/CFT programs.

While this cost increase could be damaging to operations in the short-term, it could also bolster institutional confidence and banking relationships, and support ushering in more widespread use of stablecoins given the historic image of illicit finance concerns ascribed to stablecoins.

Also Read: FDIC Proposes New Rules for Stablecoin Issuers Under GENIUS Act

Implications for Cross-border Transactions

By enabling compliance with standardized sanctions regimes, this proposal could reduce friction during international transactions, although it could create friction when accessing a jurisdiction with a different approach to regulation.

For users, developments like this should engender confidence in stablecoins as payment rails; in the wider blockchain community, this policy signals a trend of greater regulatory certainty, although there is some way to go.

Also Read: The GENIUS Act and MiCA: A Two-Tier Future for Stablecoins in 2026

India’s SEBI Exposes Social Media Stock Scam Case 2026

By | Edited By Ammar Raza,,

India’s SEBI (Securities and Exchange Board of India) has banned seven individuals from the securities markets for manipulation of 82 small-cap stocks. The manipulation occurred through social media platforms such as Telegram, WhatsApp, and X.

According to Reuters in their May 22, 2026, report, this case highlights the increasing attention regulators are paying to social media-driven trading schemes. Such a trend is of interest to the crypto and blockchain communities, given the similarities between such schemes and the manipulation of the cryptocurrency markets by finfluencers.

Alleged Scheme Across 82 SME Listings

India’s SEBI says that the individuals are banned from the securities markets include Hemant Gupta, his wife, ex-wife, and four of his children. These seven individuals allegedly manipulated the stocks of companies listed in the SME segment by taking positions in those companies.

After acquiring those particular stocks, they recommended others to purchase the stocks via social media platforms to drive up the prices of those stocks.

Sourcew: Live Law

Once the prices had increased, these individuals reportedly sold their stocks at a profit of more than 200 million rupees. India’s SEBI also notes that this amount could change according to the ongoing investigation. The manipulation involved 82 different companies listed in the SME segment.

Also Read: IG Europe Expands Crypto Services With Bitpanda

Social Media and Market Integrity Risks

Social media platforms like Telegram, WhatsApp, and X have the potential to significantly influence retail trading activity in the stock market. While this presents opportunities for increased market participation, it also creates challenges for maintaining market integrity.

In response to these challenges, India’s SEBI has also implemented new rules targeting financial influencers and unregistered research analysts to prevent fraud in the trading community.

Similar challenges exist within digital asset markets, as decentralized finance projects and various cryptocurrency communities are also at risk of promoting investments in a manner that leads to pump-and-dump schemes on social media.

Also Read: Iran Crypto Holdings Hit $7.7B as US Freezes $500M

Implications for Crypto Regulation

This case is part of a growing trend of regulations, including those from India’s SEBI, addressing the role of social media and influencers in providing investment advice online.

For blockchain projects and cryptocurrency exchanges, adhering to rules regarding the promotion of their tokens and projects is becoming increasingly crucial.

While the introduction of such rules may offer benefits for protecting investors in these markets, they will also present new challenges for the compliance departments of the emerging Web3 platforms that are rapidly developing and integrating into the global economy.

Also Read: CLARITY Act Faces Senate Delays Before Key August Crypto Regulation Deadline

PENGU Price Eyes $0.43 Breakout After Descending Wedge Formation

By | Edited By Ammar Raza,,

Pudgy Penguins (PENGU) is forming a wedge pattern, suggesting weakening bearish pressure and a potential bullish breakout for the PENGU price. Technical signals show improving momentum after consolidation, with selling pressure fading. Market activity is stable and derivatives positioning remains neutral, indicating steady participation but no clear direction yet.

At the time of writing, PENGU is trading at $0.009293 with a 24-hour trading volume of $163.51 million and a market capitalization of 584.51 million. Despite posting the 1.67% loss over the last 24 hours, PENGU price structure points to a bullish reversal ahead.

PENGU Price chart

Source: CoinMarketCap

PENGU Price Setup Targets $0.43 After Wedge Formation

Furthermore, the crypto analyst Captain Faibik revealed that the PENGU price is approaching a critical technical juncture as it forms a descending broadening wedge pattern on the chart. 

This structure often signals weakening bearish momentum and rising volatility, where price swings widen while sellers gradually lose control, hinting at a potential breakout setup if momentum shifts decisively upward with strong confirmation.

PENGU Price Setup Targets $0.43 After Wedge Formation

Source: Captain Faibik’s X Post

Analysts think that a breakout from the wedge pattern will lead to a sharp rise with the speculative price target at around $0.43, which is about a 250% gain. 

However, this depends on the presence of adequate volume, sentiment in the cryptocurrency market, and also the movement of Bitcoin.

Also Read: PENGU Price Prediction: Can Bulls Push Toward $0.017 After a Pullback?

Technical Indicators Point to Improving Outlook

According to TradingView, the PENGU price goes through consolidation before entering a strong bull breakout in April, ending near the value of $0.01129. 

The retracement back towards the lower Bollinger band was followed by a further push upwards, taking the PENGU price up to $0.00934 while fiercely testing the 20-period Simple Moving Average level.

Technical Indicators Point to Improving Outlook

Source: TradingView

However, the MACD oscillator shows the shift in momentum by remaining sideways in spring and then suddenly entering into the positive zone due to widening bars in green. 

Later on, the bearish crossover helped identify the correction in May. Now, the narrowing of red bars suggests that there is less selling pressure left, which is helping the PENGU price gain a foothold.

PENGU Derivative Data Shows Neutral Outlook

However, the trading volume of PENGU increased by 2.45% to a total of $240.06 million. The increase indicates a more active performance in the market, and more people are involved in trading activities. In the period observed, the trend for the asset is positive in terms of momentum.

PENGU Derivative Data Shows Neutral Outlook

Source: Coinglass

The open interest remained unchanged at $105.57 million, which indicated that there is an equilibrium and that there is no change in derivative exposure. In addition, there are no significant changes in flows or outflows in any contract.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: PENGU Price Gains Attention After Pudgy Penguins Launches 3% Cashback Card

FET Price Analysis: Strong Recovery Signals Point to a Strong Rally to $0.55

By | Edited By Ammar Raza,,

Artificial Superintelligence Alliance (FET) is showing early recovery signs after a long downtrend, with improving momentum and rising buying pressure for the FET price. Increased trading activity and market participation support a potential continuation. A breakout above key resistance could strengthen the bullish trend and open room for further upside.

At the time of writing, FET is trading at $0.2111 with a 24-hour trading volume of $236.31 million and a market capitalization of $476.8 million. Following the 8.19% gain over the last 24 hours, FET is poised for a strong breakout ahead.

FET price chart

Source: CoinMarketCap

FET Price Breakout Could Ignite Next $0.55 Rally

According to the crypto analyst World Of Charts, FET is attracting renewed market attention after remaining stuck in a prolonged downtrend for months. The FET price is now testing a major resistance zone, with analysts closely watching for a potential breakout. 

Growing momentum around AI-focused digital assets has also fueled optimism that the FET price could soon reverse its bearish structure completely.

FET Price Breakout Could Ignite Next $0.55 Rally

Source: World Of Charts’ X Post

Traders are on the lookout for a proven breakout, accompanied by strong volumes, which can drive an impressive bull run for the FET price in the coming days. 

The estimated upside on the back of this breakout, according to the FET price forecasts, would be about $0.55. Until then, traders have been advised to remain patient and wait for developments.

Also Read: FET Price Outlook: Can Buyers Break Resistance and Reach $0.60?

Technical Indicators Point to a Recovery Attempt

According to TradingView, the FET price generated a bullish signal with the formation of a daily bullish candle and managed to rise to $0.21062, gaining 8.68%. 

The gain helped the FET price surpass the 20-day EMA level at 0.20670. However, there are new challenges for FET coming as it faces headwinds at the 50-day and 100-day EMAs, along with the 200-day

Technical Indicators Point to a Recovery Attempt

Source: TradingView

Below the price action, the Relative Strength Index (14) has risen slightly to reach the level of 51.14, crossing the yellow signal line. 

An entry in positive numbers is an indication of rising buying pressure and an emerging upward trend after reaching troughs. To sustain the breakout, the bulls need to move above the group of moving averages.

FET Derivative Data Support Upward Potential

However, the open interest for the FET surged around 21.60% to reach an amount of $84.39 million. This is a clear indication that more traders have started coming into play with new trades being undertaken, implying speculation in the derivatives space.

FET Derivative Data Support Upward Potential

Source: Coinglass

There is an increase in volume of 149.28%, amounting to $153.62 million. It suggests that there is considerable trading action and trader participation in the market, hence indicating the presence of liquidity flows.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: FET Price Prediction: Bull Flag Pattern Points to Possible Breakout to $0.2350