Category: Bitcoin News

Morgan Stanley has filed with the US Securities and Exchange Commission (SEC) to launch a spot Ether exchange-traded fund (ETF), adding to a growing list of crypto products from the investment banking giant. The US investment bank filed an S-1 form to establish the Morgan Stanley Ethereum Trust, an ETF that seeks to buy, hold, and track the price of spot Ether (ETH), according to a Tuesday filing with the SEC. The filing states that the fund will not seek to “speculatively sell” Ether to realize additional returns, but it…

Stablecoins are shifting from a crypto native tool to a core piece of institutional market plumbing, according to a new cross-sector outlook report from Moody’s. In the report, published Monday, the ratings agency said stablecoins processed about 87% more settlement volume in 2025 than the year before, reaching $9 trillion in activity based on industry estimates of onchain transactions, rather than purely bank‑to‑bank flows. Moody’s said fiat‑backed stablecoins and tokenized deposits are evolving into “digital cash” for liquidity management, collateral movements and settlements across an increasingly tokenized financial system. Stablecoins…

RAKBank is preparing to join the United Arab Emirates’ (UAE’s) fast-evolving stablecoin ecosystem after receiving in-principle approval on Wednesday from the Central Bank of the United Arab Emirates (CBUAE) to issue a UAE dirham-backed payment token.  In-principle approval means the CBUAE has agreed to RAKBank’s stablecoin plans subject to final regulatory and operational conditions, and the bank, already licensed and supervised by the CBUAE, must satisfy those before any live issuance. In a Wednesday press release shared with Cointelegraph, the bank said the forthcoming stablecoin will be fully backed 1:1…

US President Donald Trump told Republicans on Tuesday he could be impeached if the party loses the US midterm elections this year. “You got to win the midterms, because if we don’t win the midterms, it’s just going to be — I mean — they’ll find a reason to impeach me,” Trump said in a speech to House Republicans on Tuesday. “I’ll get impeached.” Trump’s approval rating has slid to 42% as voters feel the president isn’t doing enough to alleviate the rising cost of living, and the GOP’s base…

US spot Bitcoin exchange-traded funds have started the year at an explosive pace that could, if maintained, see it blow out total inflows from 2025.  “The spot Bitcoin ETFs are coming into 2026 like a lion,” said Bloomberg’s senior ETF analyst Eric Balchunas on Tuesday. He pointed out that there have been more than $1.2 billion in inflows in the first two trading days of the year, “with everyone eating,” meaning nearly all funds have seen inflows. The WisdomTree Bitcoin Fund (BTCW) was the exception.  Balchunas observed that if this…