Top 10 Crypto News Highlights You Need to Know Today

• SEC delays decisions on Dogecoin and Hedera ETFs
• Japanese firm Metaplanet raises funds to buy Bitcoin
• First US memecoin ETF $DOJE set to launch

The U.S. Securities and Exchange Commission (SEC) has delayed its decision on two highly anticipated crypto ETFs — the Bitwise Dogecoin ETF and the Grayscale Hedera ETF. A new decision date has been set for November 12, keeping investors in suspense. Meanwhile, ETF analyst Eric Balchunas confirmed that $DOJE, the first U.S. memecoin ETF, is expected to launch this Thursday, signaling growing mainstream interest in meme assets.

Institutional Moves: Bitcoin Buys and Treasury Strategies

Japan’s Metaplanet, a public company that’s been doubling down on Bitcoin, has just raised an additional ¥205 billion for more BTC acquisitions, underlining its commitment to a Bitcoin-centric treasury strategy. In the U.S., Caliber became the first Nasdaq-listed company to initiate a Chainlink ($LINK)-focused treasury approach, highlighting the growing popularity of altcoin reserves.

Adding to the corporate crypto momentum, shareholders of Asset Entities have approved a merger with Vivek Ramaswamy’s Strive, resulting in the formation of a new public Bitcoin Treasury company that will trade under the ticker $ASST.

Policy and Regulatory Landscape Shifts

Crypto policy may see significant momentum with Patrick Witt now advising the White House on digital assets. Witt is urging for a swift rollout of stablecoin legislation, a comprehensive market structure bill, and a potential U.S. crypto reserve. These initiatives could drastically reshape how crypto is regulated at the federal level.

Simultaneously, the Commodity Futures Trading Commission (CFTC) is exploring new frameworks that would allow overseas crypto exchanges to operate in the U.S. under a MiCA-like regulatory structure, potentially opening up the market to more global platforms.

Industry Partnerships and Leadership Changes

The Dogecoin Foundation’s House of Doge has announced a new custody partnership with Bitstamp to securely manage its $DOGE treasury. On the corporate leadership side, Eric Trump has been removed from the board of Alt5 Sigma following consultations with Nasdaq, though he will continue as a board observer, according to Forbes.

Lastly, BlackRock’s CIO has called for a 50 basis point interest rate cut by the Federal Reserve at next week’s meeting, a move that could have widespread implications for both traditional and crypto markets.

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• Institutions Dump WLD Token After 55% Price Surge
• First US Memecoin ETF $DOJE Set to Launch Thursday
• $7.4T in Money Market Funds Could Boost Bitcoin