Crypto Pills

The U.S. Securities and Exchange Commission eases the process for listing spot crypto exchange‑traded funds and approves Grayscale’s large‑cap crypto fund. The shift lowers procedural hurdles for listing spot products tracking major digital assets and adds a new large‑cap crypto vehicle to the roster, signaling broader accommodation for regulated access to cryptocurrencies by mainstream exchanges and asset managers.

The first U.S. exchange‑traded fund offering exposure to XRP launches on Sept. 18, marking a milestone for access to the token in traditional markets. CME Group schedules options on XRP futures for Oct. 13, expanding the derivatives toolkit for hedging and directional strategies around XRP alongside existing futures products.

Ripple, Franklin Templeton and DBS plan to offer token lending and trading services, pairing a blockchain technology firm with a global asset manager and a major bank. The collaboration targets token‑based financing and secondary market activity for digital assets, aligning institutional infrastructure with on‑chain instruments to support broader participation and liquidity.

CME Group plans to introduce options tied to Solana (SOL) and XRP futures amid growing interest in crypto derivatives. The additions give traders more flexibility to manage risk and express views on SOL and XRP price movements, complementing existing futures and reflecting heightened institutional participation in crypto markets.

Australia’s regulator relaxes rules for intermediaries that handle stablecoins, reducing compliance frictions for firms facilitating issuance, transfer or custody of fiat‑pegged tokens. The adjustment seeks to balance innovation with safeguards and could affect how exchanges, payment providers and financial institutions support stablecoin transactions within regulated channels.