The UK FCA’s lift on crypto ETN restrictions signals a potential shift in retail crypto investment, while institutional and network developments continue to shape the market.
The UK FCA will end its crypto ETN ban for retail investors starting next week, though ETFs remain restricted. Debridge reports $100 million in crypto moved from Solana to BNB Chain over the last month. JPMorgan analysts predict Bitcoin could reach $165,000 by the end of 2025. Bitwise files an S-1 for an Aptos ETF, while Lighter surpasses $1 billion in public mainnet TVL. REXShares and OspreyFunds apply for a SEI staking ETF. Other updates include OpenAI CEO pursuing global AI partnerships, Coinbase reaffirming compliance priorities, and BlackRock’s GIP aiming to acquire Aligned data centers for $40 billion.