Cboe files to allow in-kind creations and redemptions for spot Bitcoin ETFs. :reward: Share > Like > Comment = ⚡️21 :topreward: Top Comment = ⚡️500 (For 24 hrs Only)

:opinion: What is SAB 121? SAB 121, issued by the :ussec: SEC in 2022, required companies holding bitcoin on behalf of clients to record those assets as liabilities on their balance sheets, which complicated institutional involvement in #Bitcoin. In January 2025, the SEC rescinded this guidance with SAB 122, removing the need to classify custodial bitcoin (and other crypto) as liabilities. This change lowers barriers for banks and financial institutions to offer #Bitcoin custody services, encourages broader adoption, and provides clearer regulatory guidance, making it easier for traditional financial players to participate in the cryptocurrency market. "These changes are a major win for #Bitcoin and here are what a few key figures had to say about it." :reward: Share > Like > Comment = ⚡️21 :topreward: Top Comment = ⚡️500 (For 24 hrs Only)

KULR Technology Group boosts its #Bitcoin holdings to U.S. $50 million, acquiring 510 #bitcoin at an average of $101,695 each. "Nice discount!" :reward: Share > Like > Comment = ⚡️21 :topreward: Top Comment = ⚡️500 (For 24 hrs Only)

:microstrategy: MicroStrategy has launched a U.S. 2.5 million perpetual preferred share offering, it is an unlisted stock and it is called STRK. "It has no relation to the crypto project Starknet or its token, thankfully. 😅" :reward: Share > Like > Comment = ⚡️21 :topreward: Top Comment = ⚡️500 (For 24 hrs Only)

Front page on The New York Times. :reward: Share > Like > Comment = ⚡️21 :topreward: Top Comment = ⚡️500 (For 24 hrs Only)

🇫🇷 The French Senate has approved the 2025 budget, which includes an “unproductive wealth” tax targeting assets like #Bitcoin. The tax would apply annually to unrealized gains on cryptocurrencies. The proposal now awaits a vote in the National Assembly. "Bye bye France, try to look after yourself, won't you?" :reward: Share > Like > Comment = ⚡️21 :topreward: Top Comment = ⚡️500 (For 24 hrs Only)

Ohio State Rep Steve Demetriou has introduced Strategic #Bitcoin Reserve legislation. "Welcome to the game Ohio!". :reward: Share > Like > Comment = ⚡️21 :topreward: Top Comment = ⚡️500 (For 24 hrs Only)

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