Stock market information for Bitcoin (BTC)

• The price is 107244.0 USD currently with a change of 76.00 USD (0.00%) from the previous close.
• The intraday high is 107530.0 USD and the intraday low is 106894.0 USD.

Stock market information for Ethereum (ETH)

• The price is 2430.96 USD currently with a change of 7.48 USD (0.00%) from the previous close.
• The intraday high is 2445.92 USD and the intraday low is 2410.66 USD.

Daily Industry News Digest – June 28, 2025

Today’s Top Crypto Headlines

SEC signals green light for ETH & SOL staking ETFs
The SEC has not objected to Ethereum and Solana staking ETFs filed by REX Shares and Osprey Funds, clearing a major regulatory hurdle (ainvest.com).
Why it matters: Provides US investors exposure to staking yield in a regulated format, potentially boosting institutional capital inflows into ETH and SOL.

REX/Osprey announce US Solana staking ETF
REX Shares collaborated with Osprey Funds to introduce the first-ever Solana staking ETF in the US, featuring on-chain rewards in addition to token price exposure (onesafe.io).
Why it matters: Signals a broader trend toward staking-based crypto investment products and strengthens Solana’s institutional appeal.

Ripple drops SEC court appeal—XRP rebounds
Ripple’s CEO confirmed both parties have dropped appeals in their legal battle, prompting a 3% rally in XRP (thecryptobasic.com).
Why it matters: Resolves regulatory uncertainty, improving XRP’s market sentiment and possibly its eligibility for future ETFs.

XRP whale activity sparks bullish sentiment
Large whale inflows into XRP flipped positive in May, signaling renewed accumulation and raising speculation of a 75% upside breakout (cointelegraph.com).
Why it matters: Suggests heightened investor confidence and could precede meaningful price gains if sentiment sustains.

Market calm as BTC holds below $110K
Following a consolidation between $108K–$110K, Bitcoin markets remain range-bound while alternative tokens see mixed performance (ainvest.com).
Why it matters: Persistent consolidation sets up possible breakout or breakdown scenarios; traders should watch key resistance zones.

Market Snapshot (as of June 28, 2025 – 09:30 UTC)

• Global crypto market cap: ~$3.29T (+0.75% 24h) (binance.com)
• Top Tokens:
  • BTC: $107,244 (+0.07%)
  • ETH: $2,430.96 (+0.3%)
• Notable Altcoins:
  • XRP: +3% (regulatory clarity)
  • SOL: Moderate gains amid ETF buzz
  • Other majors: Mixed; overall consolidation US-wide

 Regulatory & Policy Watch

• SEC & NYSE in talks on crypto regulations
  Discussions underway since June 25 are targeting tokenized equities and spot crypto ETPs (binance.com, cryptotimes.io, cointelegraph.com, cointelegraph.com, blockchainmagazine.net).
  Impact: May shape future frameworks for digital asset listings and intensify regulatory clarity on spot crypto ETFs.
• Trump Media files for BTC & ETH ETFs
  The company seeks SEC approval via NYSE Arca for dual Bitcoin-Ethereum ETFs, an ambitious but brand-driven entry (bitwave.io, reuters.com).
  Impact: Demonstrates growing competition in the ETF space and the influence of nontraditional issuers.

Project Spotlight: REX‑Osprey SOL + Staking ETF

• What it is: A U.S.-listed Solana ETF combining price exposure with on-chain staking yield.
• Why it’s gaining attention: First regulated product allowing SOL staking returns, catering to both retail and institutional demand (reuters.com, onesafe.io).
• Key utility: Provides passive yield, enhances Solana’s legitimacy, and may catalyze similar staking ETFs for other chains.

Tech & Innovation

• **Staking‑based ETF movement accelerates**
  The SEC’s acceptance of staking components marks a shift in asset product structure, bridging traditional finance with decentralized earning mechanisms.
  Developer trend: Platforms are optimizing staking compatibility across chains to attract institutional investment and yield.

Notable Tweets or Threads

• @ErichBalchunas:
  

  “Here’s the SEC saying it has no further comments, so they are good to launch it looks like”
  Commenting on ETH/SOL staking ETF filings—signaling regulatory clearance is near (sec.gov, cryptobriefing.com).

• @Ripple CEO Garlinghouse:
  

  “We’re closing this chapter once and for all… focusing on building the internet of Value.”
  His statement followed dropping the SEC appeal, helping XRP jump and restoring investor hope (cointelegraph.com).

Crypto Tip of the Day

Track staking ETF applications early. Use tools like the SEC’s EDGAR system and X (formerly Twitter) alerts to monitor potential ETF filings—for coins with staking may be the next wave of regulated yield products.