According to @EleanorTerrett, pro-crypto Senate Democrats will host a Wednesday roundtable led by Senator Kirsten Gillibrand to discuss crypto market structure legislation and the path forward; source: @EleanorTerrett on X, Oct 20, 2025. According to @EleanorTerrett, expected attendees include Coinbase CEO Brian Armstrong, Chainlink CEO Sergey Nazarov, Galaxy CEO Mike Novogratz, Kraken CEO David Ripley, Uniswap CEO Hayden Adams, Solana Policy Institute President K.M. Smith, Circle CSO Dante Disparte, Ripple CLO Stuart Alderoty, Jito CLO Rebecca Rettig, and a16z crypto General Counsel Miles Jennings, with others possibly added; source: @EleanorTerrett on X, Oct 20, 2025. According to @EleanorTerrett, the meeting follows stalled negotiations with Republican counterparts after fallout and industry backlash over a leaked Democratic proposal to regulate DeFi; source: @EleanorTerrett on X, Oct 20, 2025.

According to Eleanor Terrett, BlackRock CEO Larry Fink is championing a TradFi-to-on-chain repotting of financial assets, reinforcing his pro-crypto positioning and signaling continued institutional migration to blockchain rails. source: Eleanor Terrett on X Oct 15 2025 BlackRock has already executed on-chain initiatives, including launching the BlackRock USD Institutional Digital Liquidity Fund BUIDL on Ethereum in March 2024, a live tokenization of short-term dollar assets for qualified investors. source: BlackRock press release March 2024 BlackRock also sponsors the iShares Bitcoin Trust IBIT, a spot Bitcoin ETF that began trading in January 2024, formalizing regulated institutional access to BTC. source: BlackRock product information and SEC spot Bitcoin ETF approval order January 2024 Trading takeaways: monitor any new BlackRock disclosures on tokenized funds or on-chain partnerships as direct catalysts for institutional adoption narratives, track ETH network activity tied to tokenized funds like BUIDL, and watch IBIT primary market creations as a real-time gauge of BTC demand from institutions. source: BlackRock press release March 2024 and BlackRock product information and SEC spot Bitcoin ETF approval order January 2024

According to @EleanorTerrett, the Teucrium XRP ETF holds Treasuries, cash, and swap receivables and was registered under the Investment Company Act of 1940, so the SEC did not need to actively approve it and simply allowed it to go effective, source: @EleanorTerrett. According to @EleanorTerrett, the SEC generally lets futures ETFs become effective once the statutory period passes without requiring a new, active approval each time, source: @EleanorTerrett. According to @EleanorTerrett, spot crypto ETFs are structured as commodity trusts under the Securities Act of 1933 and require explicit SEC approval before launch via S-1 effectiveness, source: @EleanorTerrett. According to @EleanorTerrett, any new spot crypto ETFs for LTC, SOL, and XRP will not begin trading until the SEC can declare their S-1s effective, likely after the government shutdown ends and the agency returns to full capacity, source: @EleanorTerrett. According to @EleanorTerrett, for traders this means the near-term catalyst for LTC, SOL, and XRP exposure is the S-1 effectiveness date rather than a 40 Act automatic effectiveness, with timing dependent on SEC operational status, source: @EleanorTerrett.

According to @EleanorTerrett, the U.S. government shutdown is limiting SEC operations and delaying routine approvals and filings, effectively putting crypto ETF approvals on hold, source: @EleanorTerrett. For traders, this means SEC-driven decision timelines and new ETF product launches are delayed until operations normalize, so calendars tied to SEC dockets and statutory decision dates may need adjustment, source: @EleanorTerrett. She also reports that @rstormsf has moved to dismiss his conviction, highlighted among this week’s top developments in her report, source: @EleanorTerrett.

According to @EleanorTerrett, two weeks ago the SEC approved generic listing standards that remove the need for exchanges to file 19b-4s for individual token ETFs, streamlining and accelerating listings, source: @EleanorTerrett on X, Sep 29, 2025. She reports that if a token meets existing criteria, the SEC can approve a crypto ETF at any time via an S-1 filing, meaning looming deadlines for individual ETFs are no longer the gating factor for timing, source: @EleanorTerrett on X, Sep 29, 2025. Trading takeaway: headline and gap risk can now materialize on any day; monitor issuer S-1 amendments, SEC effectiveness notices, and exchange listing alerts as primary catalysts for liquidity and volatility in related token markets and ETF proxies, source: @EleanorTerrett on X, Sep 29, 2025.

According to @EleanorTerrett, the Senate Finance Committee announced a hearing on crypto taxes for Wednesday, October 1 at 10 AM EST, a U.S. legislative event relevant to digital asset tax policy for traders to track, with witnesses Jason Somensatto of Coin Center, Andrea S. Kramer of ASKramer Law, Lawrence Zlatkin of Coinbase, and Annette Nellen of the AICPA Digital Assets Tax Task Force, source: @EleanorTerrett on X.

According to @EleanorTerrett, a live X Spaces at 11AM will discuss the launch of the mXRP token associated with Axelar and MidasRWA with guests @yorgosv_, @DDinkelmeyer, and @DigPerspectives. According to @EleanorTerrett, the session will focus on what the launch means for XRP holders. According to @EleanorTerrett, traders tracking XRP and mXRP can tune in via the shared X Spaces link for official details from the participants.

According to @EleanorTerrett, a new X broadcast highlights that crypto ETFs are taking off and spotlights SEC Chair Gary Gensler’s “sorry not sorry” posture, putting ETF flows and regulatory tone in focus for near-term BTC and ETH trading setups — source: @EleanorTerrett on X, Sep 19, 2025. The SEC approved spot Bitcoin ETFs on Jan 10, 2024 and later approved spot Ethereum ETFs in 2024, and these products use creation and redemption processes that require buying or selling the underlying assets — source: U.S. SEC approval orders for spot Bitcoin and spot Ethereum ETFs, 2024. Traders can track net creations or redemptions, premiums or discounts, and volume around U.S. market open and close to gauge liquidity-led volatility when ETF demand shifts — source: ETF mechanism described in SEC approval filings, 2024.

According to @EleanorTerrett, a new pro-crypto, pro-America super PAC separate from Fairshake has over $100M and is emerging ahead of the U.S. midterms, with the post linking to @Fellowship_PAC on X. Source: Eleanor Terrett on X 2025-09-15 https://twitter.com/EleanorTerrett/status/1967634195402076618; @Fellowship_PAC on X https://x.com/Fellowship_PAC/status/1967619490482643135. Traders should note the timing before the midterms and the reported $100M funding when assessing U.S. crypto policy risk and headline sensitivity. Source: Eleanor Terrett on X 2025-09-15 https://twitter.com/EleanorTerrett/status/1967634195402076618.

According to @EleanorTerrett, the REX-Osprey XRPR ETF will launch this week and is structured as a spot product in an Investment Company Act of 1940 wrapper that holds real XRP alongside cash, U.S. Treasuries, and some derivatives (source: X post by @EleanorTerrett on Sep 15, 2025; X post by @REXShares). According to @EleanorTerrett, it is described as a spot ETF with extras and as more regulated than traditional spot products, which defines the product’s exposure mix and regulatory profile for traders evaluating XRP-based instruments (source: X post by @EleanorTerrett on Sep 15, 2025).

According to @EleanorTerrett, Paolo Ardoino unveiled the new $USAT stablecoin at Tether’s U.S. launch event in New York City, naming Bo Hines as CEO, Anchorage (via Nathan McCauley) as issuer, and Cantor Chairman Brandon Lutnick to oversee the token’s reserves. Source: @EleanorTerrett on X. According to @EleanorTerrett, Ardoino said the goal is to launch $USAT by the end of the year, and Hines stated the new U.S. headquarters will be in Charlotte, North Carolina. Source: @EleanorTerrett on X.

According to @EleanorTerrett, Tether CEO Paolo Ardoino introduced a new domestic stablecoin called USAT, with the initiative set to be led by Bo Hines, source: @EleanorTerrett on X, Sep 12, 2025. According to @EleanorTerrett, the post did not provide further details on launch timing, collateral model, or supported blockchains, so traders should monitor Tether’s official channels for specifications that could inform pricing and liquidity strategies on stablecoin pairs, source: @EleanorTerrett on X, Sep 12, 2025. According to @EleanorTerrett, the branding explicitly names the product USAT, signaling a distinct ticker from existing Tether products that traders may need to differentiate on exchanges and in market data feeds, source: @EleanorTerrett on X, Sep 12, 2025.

According to @EleanorTerrett, Trump’s pick for CFTC Chair, Brian Quintenz, published private texts with @tyler referencing the agency’s case against Gemini and Quintenz’s reaction to it (source: @EleanorTerrett; source: Brian Quintenz on X). According to Brian Quintenz on X, he stated this exchange was the core reason Winklevoss lodged a complaint against him with Donald Trump in July (source: Brian Quintenz on X). According to @EleanorTerrett, she has submitted a request for comment to Winklevoss (source: @EleanorTerrett). According to @EleanorTerrett, Gemini is set to go public this Friday (source: @EleanorTerrett).

According to @EleanorTerrett, Sen. Cynthia Lummis said at a policy and regulation summit that Democrats’ market structure principles showed Republicans how few differences there are between the two parties on this issue (source: @EleanorTerrett on X, Sep 10, 2025).

According to @EleanorTerrett, the Senate Banking Committee’s latest market structure draft reflects stakeholder and lobbyist feedback, signaling specific coverage areas for digital assets and infrastructure providers (source: @EleanorTerrett). Section 101 on Ancillary Assets seeks legal clarity by excluding assets that are clearly securities, stating staking and airdrops are not securities, and barring SEC enforcement actions and private lawsuits against existing tokens issued before enactment if they are not fraudulent (source: @EleanorTerrett). Section 504 introduces a securities-law exemption for decentralized physical infrastructure networks, explicitly covering DePIN projects (source: @EleanorTerrett). The draft maintains self-custody protections (Section 506), a DeFi exemption (Section 501), and the Blockchain Regulatory Certainty Act (Section 505), preserving developer and user safeguards (source: @EleanorTerrett). Sections 701–702 establish a Joint Advisory Committee and a process to resolve disputes between the SEC and CFTC for digital assets, formalizing interagency coordination (source: @EleanorTerrett). These provisions directly address staking, airdrops, DePIN, DeFi, self-custody, and SEC-CFTC processes, defining the segments and activities covered in the draft that market participants can track (source: @EleanorTerrett).

According to @EleanorTerrett, a Crypto In America live broadcast is covering three market-focused items: Gensler’s missing texts, Superstate tokenizing Galaxy Digital (GLXY) shares on the Solana (SOL) blockchain, and an SEC–CFTC collaboration update, source: @EleanorTerrett. The segment explicitly highlights GLXY and SOL in the context of tokenized equities and U.S. regulatory coordination, source: @EleanorTerrett.

According to Eleanor Terrett on X (Sep 5, 2025), today’s session will cover Galaxy (@galaxyhq) launching tokenized shares of $GLXY, the U.S. Commerce Department (@CommerceGov) putting economic data onchain, and DUNAs with @DKerr_Cowrie, source: Eleanor Terrett on X, Sep 5, 2025. For traders, the $GLXY tokenized share launch highlights a real-world assets (RWA) on-chain equity instrument to monitor for liquidity, venue pricing differentials, and settlement mechanics across tokenized and traditional rails, source: Eleanor Terrett on X, Sep 5, 2025. The Commerce Department’s move to publish economic data on-chain sets a new reference pipeline that could impact volatility timing around data drops and demand for oracle/data-index tokens, source: Eleanor Terrett on X, Sep 5, 2025. Discussion of DUNAs flags a governance and compliance structure that market participants should track for how token projects may align with U.S. legal frameworks, source: Eleanor Terrett on X, Sep 5, 2025.

According to @EleanorTerrett, the SEC and CFTC are ramping up coordination to support crypto, DeFi, prediction markets, perpetual contracts, and portfolio margining to keep U.S. markets competitive, source: Eleanor Terrett on X, Sept 5, 2025. The agencies aim to harmonize rules, reduce regulatory gaps, expand trading hours, and use innovation exemptions, source: Eleanor Terrett on X, Sept 5, 2025. A joint SEC-CFTC roundtable is scheduled for Sept 29 to discuss next steps, source: Eleanor Terrett on X, Sept 5, 2025.

According to @EleanorTerrett, the Senate Banking Committee has finalized details for a new U.S. crypto market structure framework, with a draft potentially releasing today, signaling near-term regulatory headline risk for digital asset markets; source: @EleanorTerrett on X (Sep 5, 2025) and cryptoinamerica.com/p/senate-banking-finalizes-details. According to @EleanorTerrett, roughly a year of texts from former SEC Chair Gary Gensler are reportedly unavailable, a development highlighted alongside the market structure update and relevant to oversight of SEC crypto policy; source: @EleanorTerrett on X (Sep 5, 2025) and cryptoinamerica.com/p/senate-banking-finalizes-details. According to @EleanorTerrett, the post also compiles the week’s top U.S. crypto policy stories for traders tracking legislative and regulatory momentum; source: @EleanorTerrett on X (Sep 5, 2025) and cryptoinamerica.com/p/senate-banking-finalizes-details.

According to @EleanorTerrett, SEC and CFTC staff issued a joint statement clarifying that SEC- and CFTC-registered exchanges are not prohibited from facilitating trading of certain spot crypto asset products, source: Eleanor Terrett on X, September 2, 2025. According to @EleanorTerrett, this is a rare show of unity that directly addresses venue compliance for spot crypto asset products on U.S.-registered exchanges, source: Eleanor Terrett on X, September 2, 2025. Based on this development reported by @EleanorTerrett, traders should monitor official SEC and CFTC channels and announcements from U.S.-registered exchanges for any updates on product availability and access changes that may follow the clarification, source: Eleanor Terrett on X, September 2, 2025.