DeFi

DeFi eliminates intermediaries by using smart contracts on blockchains to provide financial services like lending, borrowing, and trading. In 2026, the "DeFi 3.0" era is defined by Institutional DeFi and the integration of Real-World Assets (RWA). From liquidity provisioning on Uniswap to advanced lending on Aave, this tag tracks the evolution of autonomous financial systems, yield optimization, and the rise of AI-driven portfolio management in the decentralized economy.

67817 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
The Solana collateralized ETF "SSK" performed well after its launch, bypassing the traditional regulatory framework by registering as a "Type C company". Are other copycat ETFs on the way?

The Solana collateralized ETF "SSK" performed well after its launch, bypassing the traditional regulatory framework by registering as a "Type C company". Are other copycat ETFs on the way?

Author: Weilin, PANews On July 3, the first Solana staking ETF in the United States, REX-Osprey Solana staking ETF (code: SSK), was officially listed on the Chicago Board Options Exchange

Author: PANews
Grayscale ETF Faces Indefinite Delay as SEC Reassesses Earlier Approval

Grayscale ETF Faces Indefinite Delay as SEC Reassesses Earlier Approval

It only took one day for the US Securities and Exchange Commission (SEC) to walk back on an approval given to Grayscale Digital Large Cap Fund (GDLC) to convert to an exchange-traded fund (ETF), inadvertently halting its launch. On 1 July 2025, the SEC shared a letter stating its intention to again review the recent.. The post Grayscale ETF Faces Indefinite Delay as SEC Reassesses Earlier Approval appeared first on 99Bitcoins .

Author: 99Bitcoins
JPMorgan Chase expects the stablecoin market to reach $500 billion in 2028, far below optimistic forecasts

JPMorgan Chase expects the stablecoin market to reach $500 billion in 2028, far below optimistic forecasts

PANews reported on July 3 that according to CoinDesk, JPMorgan Chase released a research report predicting that the global stablecoin market will grow to US$500 billion in 2028, far lower

Author: PANews
Detailed explanation of Aave V4: How can the lending leader rebuild its moat?

Detailed explanation of Aave V4: How can the lending leader rebuild its moat?

Author: Matt , Researcher at Castle Labs Compiled by: Tim, PANews At the Ethereum Community Conference (ETHCC), Aave founder Stani announced that the new version of the protocol Aave V4

Author: PANews
First US Solana Staking ETF Sees $12M Inflows on Debut With $33M Volume

First US Solana Staking ETF Sees $12M Inflows on Debut With $33M Volume

The first Solana staking exchange-traded fund (ETF) in the United States wrapped up its debut trading session with $12 million in inflows and $33 million in volume, marking a strong start for staking-focused crypto ETFs. Key Takeaways: The first US Solana staking ETF launched with $12 million in inflows and $33 million in volume. Opening day trading volumes topped earlier Solana and XRP futures ETFs. REX-Osprey’s creative fund structure overcame SEC hurdles, avoiding the standard spot ETF approval process. The REX-Osprey Solana Staking ETF, trading under the ticker SSK, launched Wednesday on the Cboe BZX Exchange. The fund offers investors exposure to Solana (SOL) while providing staking yields, positioning it as the first ETF in the U.S. to combine spot Solana exposure with staking rewards. Solana Staking ETF Outpaces Futures Funds According to Bloomberg ETF analyst Eric Balchunas , the ETF’s opening day volumes surpassed those seen by earlier Solana and XRP futures ETFs. However, they fell short of the explosive debuts of spot Bitcoin and Ether ETFs, which together recorded $4.6 billion in shares traded on their first day in January 2024. Bloomberg’s James Seyffart noted the ETF saw $8 million in trading volume within its first 20 minutes, describing it as a “healthy start to trading.” $SSK ended day with $33m in volume. Again, blows away the Solana futures ETF and XRP futures ETFs (or the avg ETF launch) but it is much lower than the Bitcoin and Ether spot ETFs. pic.twitter.com/t6LkQwDXLc — Eric Balchunas (@EricBalchunas) July 2, 2025 Anchorage Digital co-founder Nathan McCauley called the launch a “defining moment” for digital assets, highlighting its role in expanding institutional access to crypto staking opportunities. The ETF’s launch was not without hurdles. The Securities and Exchange Commission (SEC) initially raised objections in late May, questioning whether the product qualified as an “investment company” under federal securities laws. REX-Osprey navigated these challenges by structuring the fund to invest at least 40% of its assets in other exchange-traded products, many of which are listed outside the United States. The regulatory workaround allowed the fund to avoid the traditional 19b-4 filing process typically required for spot crypto ETFs. Nate Geraci, president of NovaDius Wealth Management, previously described the strategy as a “regulatory end-around,” a view shared by analysts who have debated whether the fund should be classified as a conventional spot Solana ETF. yes, altho to be fair this is some 400-level ETF technical nerd-ery — Eric Balchunas (@EricBalchunas) July 1, 2025 Strong Start Sparks Hopes for Spot Solana ETF Approval The promising debut has fueled speculation about the potential approval of true spot Solana ETFs. Both Seyffart and Balchunas recently estimated a 95% chance that the SEC will approve spot Solana ETFs before the year ends. Seyffart added that a wave of new ETFs, including products tied to XRP and Litecoin, could arrive in the second half of 2025. Meanwhile, Solana’s price saw muted movement, gaining 3.6% over the past 24 hours and trading around $153 at press time. Despite the ETF launch, SOL remains down nearly 48% from its highs earlier this year. However, Solana CME futures showed rising institutional appetite, with open interest reaching $167 million after the ETF’s debut, according to data from SolanaFloor. As reported, digital asset investment funds pulled in $2.7 billion last week, capping an 11-week streak of inflows that now totals $16.9 billion. The bulk of the inflows came from the United States, accounting for $2.65 billion. Switzerland and Germany recorded modest additions of $23 million and $19.8 million, respectively, while Canada, Hong Kong, and Brazil posted small outflows. Bitcoin remained the primary magnet for capital, drawing $2.2 billion last week, a commanding 83% of total inflows, while short-Bitcoin products extended their year-to-date outflows to $12 million.

Author: CryptoNews
IMF Rejects Pakistan’s Energy Plan for Bitcoin Mining – What Does This Mean for Its Crypto Ambitions?

IMF Rejects Pakistan’s Energy Plan for Bitcoin Mining – What Does This Mean for Its Crypto Ambitions?

The International Monetary Fund (IMF) has rejected Pakistan’s proposal to offer subsidised electricity tariffs for crypto mining operations. Per local reports, the government is still engaged with international institutions to refine the plan. “As of now, the IMF has not agreed,” said Secretary of Power Dr. Fakhray Alam Irfan, during a session with the Senate Standing Committee on Power. According to a report by Profit , the IMF has warned that the plan could add strain to the power sector. Dr Irfan told the committee that the agency is concerned about market distortions over Pakistan’s subsidised energy rates proposal. IMF Flags Several Concerns Against Pakistan’s Power Proposal for Bitcoin Mining Last month, the IMF questioned Pakistan’s power push for Bitcoin mining, raising concerns over legal issues and power strain. The international financial body laid out several concerns, including the legality of crypto mining in Pakistan and the additional strain on the already burdened power grid. ⛏️ The @IMFNews is pushing back on Pakistan’s plan to allocate 2,000 megawatts of electricity for Bitcoin mining and AI data centers. #IMF #Bitcoin https://t.co/X9YHqz9qTO — Cryptonews.com (@cryptonews) June 1, 2025 Further, the fund warned about resource distribution and knock-on effects on power tariffs. The IMF noted that Pakistan did not consult the fund ahead of the announcement. In May, Pakistan announced that it will allocate 2,000MW to power crypto mining and data centres, in a move to attract foreign investment. The initiative is driven by the Pakistan Crypto Council and supported by the Ministry of Finance. Pakistan in Talks With International Institutions Dr Irfan confirmed that the government is still in talks to redefine its power subsidiary plan after the IMF has rejected the proposal. The committee further discussed technological solutions aimed at combating electricity theft. They also discussed the government’s recent agreement with scheduled banks to reduce the circular debt stock. Senator Shibli Faraz criticised that banks were “forced at gunpoint” to offer the loans. The committee has directed the Power Division to submit comprehensive answers to various issues at the next meeting.

Author: CryptoNews
SEC Freezes Grayscale Digital Fund ETF Conversion One Day After Approval — What Changed?

SEC Freezes Grayscale Digital Fund ETF Conversion One Day After Approval — What Changed?

The US SEC has abruptly frozen the approval of the Grayscale Digital Large Cap Fund’s conversion into an exchange-traded fund, halting its launch just a day after the green light was given. On July 1, the SEC’s Division of Trading and Markets approved the NYSE Arca’s proposal to list and trade shares of the Grayscale fund under an amended rule. The approval came with accelerated status, signaling initial confidence in the product’s readiness for market. But within 24 hours, the Commission exercised its right to review the decision, automatically staying the approval under Rule 431 of the SEC’s Rules of Practice. The reversal adds an unexpected twist to what had been hailed as a landmark moment for multi-asset crypto ETFs in the US. Fund’s Heavy Bitcoin-Ethereum Mix Offset by Riskier Altcoin Holdings Launched in 2018, the Grayscale Digital Large Cap Fund holds a basket of top cryptocurrencies, with Bitcoin and Ethereum accounting for more than 91% of its portfolio. Altcoins such as XRP, Solana and Cardano make up the rest, each carrying differing degrees of regulatory uncertainty. The plot thickens. Upper level of SEC telling $GDLC it can't launch until otherwise notified. Not sure why, no other info than this letter. My guess tho: They want to issue the crypto ETP listing standards before any '33 act spot ETFs hit market with these other coins. So likely… https://t.co/Za7rYk1o0E — Eric Balchunas (@EricBalchunas) July 2, 2025 By intervening directly, the SEC’s commissioners have signaled that the conversion merits closer inspection beyond what staff-level approval typically requires. Historically, this kind of review is rare and often suggests internal debate over regulatory implications, investor protection or market readiness. Unlike single-asset ETFs such as those tied to Bitcoin, multi-asset products like Grayscale’s bring new complexity. The inclusion of tokens with unsettled legal status, like XRP and Solana, may have prompted concerns over clarity in investor disclosures or the legal treatment of underlying assets. No Timetable Given as SEC Weighs Path Forward for Multi-Asset Crypto Funds Some analysts believe the Commission’s caution could reflect a broader effort to establish a unified approach before opening the gates to more diversified crypto products. Bloomberg’s Eric Balchunas has suggested the SEC is holding off on GDLC’s ETF conversion until a more consistent regulatory framework for crypto ETPs is in place. Grayscale’s ETF bid comes at a time of renewed momentum for digital asset firms under a more crypto-friendly political backdrop. However, the Commission’s move illustrates that regardless of shifting sentiment, regulatory rigor still holds sway over timing. For Grayscale and NYSE Arca, the stay means an indefinite delay. The SEC has not offered a timeline for its review or any additional guidance on next steps.

Author: CryptoNews
Ripple applies for national banking license and Fed master account

Ripple applies for national banking license and Fed master account

Ripple is seeking a national banking charter in the United States, a move that would bring the crypto firm under both federal and state regulatory oversight. In a post published Wednesday on X, Ripple CEO Brad Garlinghouse confirmed that the…

Author: Crypto.news
The crypto market stabilized and rebounded, BTC broke through $109,000, and ETH rose by more than 7%

The crypto market stabilized and rebounded, BTC broke through $109,000, and ETH rose by more than 7%

PANews reported on July 3 that according to SoSoValue data, the crypto market rebounded after two consecutive days of correction, with a general increase of about 2% to 9%. Among

Author: PANews
Why is Bitcoin price up today? The hidden fuel behind BTC’s $109k breakout

Why is Bitcoin price up today? The hidden fuel behind BTC’s $109k breakout

Bitcoin is pressing toward $110K, gaining nearly 3% in 24 hours, as macro catalysts stack up. A rare mix of high-volume flows, geopolitical headlines, and ETF tailwinds are pushing traders to front-run what could be a messy but momentous July.…

Author: Crypto.news