Franklin Templeton’s dividend-funded proposal follows BlackRock’s income-focused Bitcoin ETF as issuers search for the next product category.
Oluwapelumi Adejumo 8 min read 
Bitcoin’s drop below $63,000 shows traders are looking past Hormuz relief and pricing the Fed’s hawkish rate outlook back into risk assets.
CME’s lawsuit against the CFTC over Kalshi’s Bitcoin perps shows how the fight over crypto derivatives is turning into a broader battle over who gets to build the next everything-exchange.
Farside data shows $82.2 million leaving the category, but FBTC and MSBT still drew inflows after the Fed reset.
Industry advocates say the state is singling out crypto assets while leaving stocks untouched by a comparable transaction tax.
Crypto super PACs are winning nearly every primary they enter, but the market structure law all that money is meant to buy is still stuck on the Senate calendar with no vote in sight.
SpaceX rally has lifted Musk’s fortune above Bitcoin’s market cap and made SPCX the clearest symbol of today’s risk appetite.
STRC was built to trade near $100, but its drop toward $92 is testing one of Michael Saylor’s key funding channels.
Elon Musk’s company has jumped more than 50% from its IPO price as retail demand, crypto leverage and short liquidations amplify the rally.
