Crypto asset manager Grayscale filed for regulatory approval to convert its trust tracking the token of the decentralized lending protocol Aave into an exchange-traded fund (ETF). The company filed a Form S-1 registration statement with the Securities and Exchange Commission on Friday, saying it intends to convert the trust and rename it the Grayscale Aave Trust ETF. Grayscale added that it is looking to launch the fund on NYSE Arca, one of the most popular exchanges for trading ETFs, under the ticker “GAVE.” It will have a fee of 2.5%,…
Day: February 16, 2026
Apollo Partners With Morpho To Support Lending Infrastructure
Traditional finance giant Apollo Global Management Inc. has signed a partnership agreement with decentralized lending platform Morpho to take a significant stake in the project and help support its blockchain lending infrastructure. The move was announced on Friday by the Morpho Association, the nonprofit organization behind the decentralized finance (DeFi) platform. The partnership, or “cooperation agreement,” will see Apollo or its affiliates buy up to 90 million Morpho (MORPHO) governance tokens over the next four years, representing 9% of the total 1 billion-token supply of MORPHO. “Under the Agreement, Apollo…
Adam Back Opposes BIP-110 Ordinals Fix
Blockstream CEO Adam Back has opposed a proposal aimed at reducing Ordinals-like “spam” on Bitcoin, warning that the fix could do more harm than good to the network’s credibility. Bitcoin Improvement Proposal (BIP-110) was proposed by pseudonymous Bitcoin developer Dathon Ohm in December. Nearly 7.5% of Bitcoin nodes — all of which are Bitcoin Knots clients — have signaled readiness for BIP-110, according to data. The proposal seeks to temporarily shrink how much data can be stored in Bitcoin transactions to reduce the amount of images, videos, audios and other…
Michael Anderson: Coinbase’s actions freeze market momentum, Elizabeth Warren’s amendments undermine legislation, and the impact of credit card interest rate caps
Coinbase’s recent actions led to a significant freeze in market momentum. Despite initial panic, the market is expected to recover. Elizabeth Warren’s proposed amendments undermine the bill’s purpose. Key Takeaways Coinbase’s recent actions led to a significant freeze in market momentum. Despite initial panic, the market is expected to recover. Elizabeth Warren’s proposed amendments undermine the bill’s purpose. Failure of recent legislation affected stock prices but did not change their fundamental conditions. The legislation represents a major shift in capital markets, akin to the Howey test. The narrative that stablecoins…
Steve Ballmer: Microsoft’s DOS deal was the greatest business move ever
Microsoft’s transition from a consumer-focused company to an enterprise giant resulted in losing some consumer market strength. IBM was a dominant force in the early 1980s computing industry, overshadowing competitors. The licensing of Microsoft DOS is considered one of the greatest business deal… Key Takeaways Microsoft’s transition from a consumer-focused company to an enterprise giant resulted in losing some consumer market strength. IBM was a dominant force in the early 1980s computing industry, overshadowing competitors. The licensing of Microsoft DOS is considered one of the greatest business deals in history.…