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Ark Invest Removes Staking Option From Latest Ethereum ETF Proposal


Ark Invest and 21shares have revised their proposal for a spot ethereum exchange-traded fund (ETF), removing previously included options for staking. This change marks a significant pivot from their earlier filings, which had contemplated engaging trusted staking providers to manage part of...

Grayscale Withdraws Ethereum ETF Proposal Amid Skepticism Over SEC Approval


Grayscale has retracted its application to list its ethereum trust, known as ETHE, as detailed in a filing with the U.S. Securities and Exchange Commission. James Seyffart, a Bloomberg analyst specializing in exchange-traded funds (ETF), expressed puzzlement over Grayscale’s decision to...

Proposal for Ethereum Grayscale Ethereum ETF is No More


Application for Grayscale Ethereum Futures Trust FTF was withdrawn on 3rd May 2024. The Securities and Exchange Commission had delayed decisions on spot Ethereum Exchange Traded Funds over the past months. A document filed recently indicates that a proposal for listing and trading shares...

Aave Introduces New Proposal to Adjust MakerDAO DAI Risk Parameters


Aave, a leading lending protocol, has unveiled a new proposal through its Aave Risk Framework Committee (ARFC) to adjust the risk parameters linked to the MakerDAO stablecoin, DAI. The post Aave Introduces New Proposal to Adjust MakerDAO DAI Risk Parameters appeared first on Cryptonews

Aave Proposal Aims to Safeguard Against DAI’s Rapid Market Cap Increase


The Aave Risk Framework Committee (ARFC) has proposed adjustments to the risk parameters of the dai (DAI) stablecoin to mitigate potential risks associated with Makerdao’s aggressive expansion of the DAI credit line. The proposal, initiated by the Aave Chan Initiative (ACI) team, suggests...

MakerDAO Considers $600 Million DAI Allocation into USDe and sUSDe


MakerDAO evaluates a proposal to allocate $600 million of its DAI stablecoin into Ethena Labs' USDe and staked counterpart sUSDe to enhance liquidity and financial resilience. The post MakerDAO Considers $600 Million DAI Allocation into USDe and sUSDe appeared first on Cryptonews

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