T. Rowe Price active crypto ETF clears SEC: TOKN debuts
The SEC cleared T. Rowe Price's actively managed multi-asset crypto ETF (TOKN) — a $1.77tn manager ends the passive-only era of crypto ETFs.
Desk
Crypto exchanges, tokenisation, custody and stablecoins from the industry side.
560 stories since 2021 · page 12 of 28
June 2026
The SEC cleared T. Rowe Price's actively managed multi-asset crypto ETF (TOKN) — a $1.77tn manager ends the passive-only era of crypto ETFs.
Hyperion DeFi reclaims 800,000 HYPE from Felix and Native Markets as the USDH stablecoin sunsets — and treasury companies shift from holding to allocating.
CME's eight-asset Nasdaq crypto index futures went live June 9 — just as ETH ETFs bled $708m over 14 days while XRP and SOL funds gained. The read: basket beta.
SpaceX IPO: Polymarket strikes imply a $2.3tn first close and Bybit tokenised pre-IPO exposure — crypto rails priced SPCX before Nasdaq gets its turn.
JPMorgan, Citi, BofA and Wells Fargo are building a shared tokenized-deposit network via The Clearing House to counter stablecoins, targeting 2027.
As spot Bitcoin ETF flows stall, BTCfi protocols Lombard and Babylon are pitching idle BTC as onchain collateral — targeting $500bn in custody.
Hyperliquid's FDV has overtaken Solana's, but circulating market cap and revenue tell three different stories about the 'revenue chains' race.
Strategy sold 32 BTC — its first bitcoin sale since 2022 — to fund preferred dividends as its mNAV premium compressed and bitcoin slid below its cost basis.
The CFTC cleared Coinbase to route US clients into offshore crypto perpetual futures via its Deribit-backed Bermuda book — a first for the industry.
Aave is reviewing every V3 asset and rewriting its listing standards after a $230m rsETH bridge exploit, importing exchange-style collateral governance into DeFi.
US spot Ether ETFs have bled for 10 straight days and shorts are piling up — yet ETH whales just absorbed $2bn off the books. The squeeze setup, decoded.
XRP ETFs pulled in roughly $84m in May 2026 — their strongest month — even as Bitcoin and Ether funds shed over $2bn. Inside the institutional rotation.
May 2026
Solana has led all L1 and L2 chains combined in tokenized stock volume for 50 weeks, holding ~94% of on-chain equity flow as its RWA stack tops $2bn.
Tether's US-regulated stablecoin USAT grew 540% to $140.8m in April 2026 — but at $141m it remains a minnow against Circle's $76bn USDC under the GENIUS Act.
Kraken's Bitcoin Vault routes BTC into Aave and Morpho for yield - the same week OpenZeppelin's co-founder called DeFi unsafe amid $1.1bn of hacks in a year.
Hyperliquid HYPE ETFs (BHYP, THYP) absorbed $72m in a week while spot BTC ETFs shed $1bn+ and ETH funds $215m — capital rotation, not exit.
Coinbase Base ships Base MCP on May 26, 2026 — first major L2 to bridge AI agents (ChatGPT, Claude) into onchain DeFi via OAuth 2.1 with 6 protocols.
Six days of US spot Bitcoin ETF outflows total $1.26B, dragging 2026 net inflows to $536M; Santiment says the pattern marks bottoms, not capitulation.
BitMine's Ethereum treasury reaches 5,278,462 ETH ($12.6bn) after a 71,672-ETH week — but the buying pace just slowed as ETH dipped below $2,200.