News Roundup — Bitwise Files With SEC for Stablecoin and Tokenization ETF

Major news stories this week:

1. Bitwise files with SEC for stablecoin and tokenization ETF
2. SEC Clears Path for ‘Waves’ of Crypto ETFs With New Listing Standards
3. EU Finance Ministers Agree to Limit Digital Euro Holdings
4. Saylor And Lee Among 18 To Meet Lawmakers About Bitcoin Reserve
5. MetaMask Announces MetaMask USD (mUSD), a Native Stablecoin

Story Summaries:

1. Bitwise has filed with the U.S. SEC to launch the first ETF focused solely on stablecoins and tokenized assets. If approved, the fund would offer diversified exposure to this rapidly growing sector and mark a major step in connecting traditional finance with blockchain infrastructure.
2. The SEC has approved updated listing rules that make it easier for crypto ETFs to be listed on major exchanges like Nasdaq and NYSE. While leveraged ETFs are still restricted, this move could open the door to new funds for assets like Solana and Litecoin.
3. European Union finance ministers have agreed on the framework for limiting how much digital euro citizens can hold. The decision is aimed at balancing ease of use with financial system stability and privacy protections, moving the CBDC project closer to launch.
4. Prominent crypto figures, including Michael Saylor and Tom Lee, met with U.S. lawmakers to promote the BITCOIN Act. The proposed legislation would see the U.S. acquire up to 1 million BTC over five years as a strategic reserve, with budget-neutral funding options under discussion.
5. MetaMask has revealed plans to launch mUSD, a new stablecoin fully backed by U.S. assets and integrated into the MetaMask ecosystem. The stablecoin will debut on Ethereum and Linea and support cross-chain transfers, real-world payments, and wallet functions.

And that’s all for last week’s news! Wishing you a great week ahead!

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