Grayscale debuts HYPE staking ETF amid escalating fee war
Grayscale’s Hyperliquid Staking ETF began trading on 3 June under the ticker HYPG, adding another regulated US product linked to the fast-growing HYPE token.
The US Treasury Department sanctioned Nobitex, Iran’s largest cryptocurrency exchange, alongside Wallex, Bitpin and Ramzinex on June 2, escalating pressure on digital asset platforms accused of supporting Iran’s sanctions-evasion efforts.
Bitcoin dropped below $66,000 on Wednesday, reaching its lowest level in more than two months as escalating tensions between the United States and Iran triggered a broad sell-off across risk assets.

A House of Lords committee has warned that parts of the Bank of England’s proposed stablecoin framework could undermine the viability of pound-denominated stablecoins despite supporting the introduction of regulation.

US Commodity Futures Trading Commission Chair Michael Selig said the agency is seeking to reverse a previously settled enforcement action against cryptocurrency exchange Gemini, claiming the company was politically targeted under the Biden administration.

Crossmint has launched a new API that enables AI agents to make purchases using eligible Visa credit and debit cards, extending payment capabilities for autonomous software beyond cryptocurrency-based transactions.
The US Securities and Exchange Commission has made digital assets a strategic priority through 2030, outlining plans to develop clearer rules for blockchain technology, tokenisation and crypto market infrastructure.
Coinbase has invested in ProShares’ GENIUS Money Market ETF, a Treasury-focused fund designed to hold assets that qualify as reserves for payment stablecoins under the GENIUS Act.
Bitcoin’s recent decline may be driven more by investor enthusiasm for a handful of booming US equity sectors than by problems within the cryptocurrency market itself, according to Binance Research.
New York’s top crypto regulator and the European Banking Authority have agreed to coordinate oversight of stablecoins, marking a significant step toward cross-border supervision of the fast-growing digital asset sector.
Cryptocurrency-backed political action committees intensified their election spending ahead of US congressional primaries, with more than $3 million directed toward key races as the industry seeks to expand its influence in Washington.