According to @camillionaire_m, once the US government is back online, six crypto tracks are expected to move: the Clarity Act and additional stablecoin legislation; ETH ETF staking approval guidance; CFTC/SEC market-structure rulemaking; tokenization and digital-asset pilot programs under Project Crypto; SEC reviews for additional ETFs; and the SEC review of the $ETHM business combination (source: @camillionaire_m on X, Nov 10, 2025). For trading desks, the highlighted ETH ETF staking guidance and broader SEC ETF reviews directly relate to ETH exposure and exchange-traded product flows to monitor as these items progress (source: @camillionaire_m on X, Nov 10, 2025). Stablecoin legislation and CFTC/SEC market-structure rulemaking point to potential changes across trading venues, liquidity, and fiat on/off-ramps tied to stablecoin pairs, making policy headlines and dockets key watchpoints (source: @camillionaire_m on X, Nov 10, 2025). The inclusion of tokenization and digital-asset pilot programs under Project Crypto, along with the SEC review of the $ETHM business combination, adds project-specific catalysts where filings and review milestones may drive headline risk (source: @camillionaire_m on X, Nov 10, 2025).

According to @EmberCN, US ETH spot ETFs now allow staking, and two ETH spot ETFs managed by Grayscale staked 32,000 ETH over the past 9 hours using 10 addresses, following a prior distribution 20 days ago of 3,200 ETH per address that was described as preparation for staking. According to @EmberCN, Grayscale announced last night that the ETFs it manages can stake ETH, and the Arkham Intelligence entity page for Grayscale is cited for the related on-chain activity. According to @EmberCN, this development is cited as a possible contributor to ETH rebounding from $3,800 to $4,700.