NYSE Arca certified the listing of Grayscale's XRP Trust ETF and Dogecoin Trust ETF on Friday, with both products set to begin trading Monday. The approvals convert existing private placement vehicles into publicly traded ETF structures, expanding Grayscale's cryptocurrency investment product lineup.

Rep. Warren Davidson introduced the Bitcoin for America Act on Thursday, which would allow individuals and businesses to pay federal taxes in bitcoin. The legislation directs such payments into the U.S. Strategic Bitcoin Reserve, according to the Bitcoin Policy Institute.

The Office of the Comptroller of the Currency issued Interpretive Letter 1186 on Tuesday, permitting national banks to hold cryptocurrency on their balance sheets to pay blockchain network transaction fees. The guidance addresses operational challenges banks previously faced when conducting blockchain transactions, which required maintaining separate accounts or engaging third-party providers to cover network fees.

Fidelity Investments launched its Solana exchange-traded fund on Tuesday, trading under the ticker FSOL. The fund includes a staking component and marks Fidelity as the third major asset manager to launch a spot SOL ETF. Bitwise initiated the category with its late October launch, while Grayscale followed shortly after with its own staking-enabled product.

The U.S. Securities and Exchange Commission faces a critical year for cryptocurrency regulation under Chair Paul Atkins, according to TD Cowen's Washington Research Group. Atkins is expected to advance a deregulatory agenda that includes establishing digital asset rules and expanding retail access to alternative investments. The agency must begin issuing proposals in the coming months to finalize them by 2027, analysts said.

Securities and Exchange Commission Chair Paul Atkins outlined plans for a token taxonomy framework rooted in the Howey Test during remarks at the Federal Reserve Bank of Philadelphia's Fintech Conference on Wednesday. The initiative aims to establish clear distinctions regarding which digital assets qualify as securities. Atkins emphasized that tokens' regulatory status may evolve as networks mature and issuer involvement diminishes.

The Internal Revenue Service issued guidance on Monday establishing a safe harbor framework that allows exchange-traded products to stake digital assets. Treasury Secretary Scott Bessent said the guidance provides ETPs with a clear pathway to stake digital assets and distribute staking rewards to retail investors.

Three cryptocurrency exchange-traded funds are preparing to begin trading this week, according to sources familiar with the matter. The Canary Litecoin ETF, Canary HBAR ETF and Grayscale Solana Trust ETF are set to launch following October 9 SEC guidance that allows firms to file S-1 registration statements without delaying amendments. Under this process, an ETF can become effective 20 days after filing.