The SEC plans to amend the 1940 Act rules to allow investment advisors to directly hold Bitcoin when there is no qualified custodian.

Odaily Planet Daily News Bitcoin News published an article on the Traditional custodians often refuse to take custody of such assets, leaving compliance gaps in existing custody frameworks, the SEC said. A 60-day public comment period will begin after the proposal is published in the Federal Register.

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SOL spot ETFs saw a net outflow of $71.4748 million last week, a record high.

Ethereum spot ETFs saw a net outflow of $432 million last week, marking five consecutive weeks of net outflows.

Spot Bitcoin ETFs saw a net outflow of $203 million last week, with Fidelity's FBTC leading with a net outflow of $166 million.

Yi He: Binance community reward campaigns need to wait for regulatory approval before launching; there are currently no cash voucher campaigns.

Glassnode: U.S. spot Ethereum ETFs recorded 23 consecutive trading days of net outflows, the longest net outflow streak on record.