According to @EleanorTerrett, the U.S. Treasury and IRS have provided a clear legal pathway for ETFs and trusts to stake digital assets and distribute staking rewards to investors, establishing tax-recognized and compliant treatment for these activities at the fund level, source: @EleanorTerrett (X, Nov 10, 2025). The post states that this clarification enables institutions to utilize staking within regulated products and share rewards with shareholders, supporting broader institutional participation, source: @EleanorTerrett (X, Nov 10, 2025). For traders, the post indicates ETF and trust yields can include staking rewards under this framework, making yield policies and distribution practices a key factor to monitor in product selection and performance, source: @EleanorTerrett (X, Nov 10, 2025). The post also cites an explainer by Bill Hughes for practical implementation details of the new pathway, source: @EleanorTerrett (X, Nov 10, 2025).

According to @EleanorTerrett, the post is an open invitation to join an X hangout with no agenda, project mentions, or market-moving details disclosed, indicating no immediate trading signal or catalyst from this item; source X post by @EleanorTerrett dated Nov 10, 2025.

According to @EleanorTerrett, the U.S. Senate is moving to reopen the government, clearing the path for crypto policy and regulatory action to proceed (source: @EleanorTerrett). According to @EleanorTerrett, the update details what the reopening means for crypto markets, the current status of potential XRP (XRP) spot ETFs, and the key catalysts on the radar this week for trading focus (source: @EleanorTerrett).

According to @EleanorTerrett, seven Senate Democrats and Independent Sen Angus King joined Republicans to reach the 60 votes required to invoke cloture, ending a weeks long stalemate and advancing a government funding vote. According to Chad Pergram, the follow up vote could come as soon as tomorrow. According to the US Securities and Exchange Commission Operations Plan for a Lapse in Appropriations, most registration reviews, rulemaking and some enforcement are curtailed during a shutdown and resume when funding is restored. According to the Commodity Futures Trading Commission Lapse in Appropriations Plan, staffing and market oversight return to normal upon funding, affecting derivatives surveillance and approvals relevant to crypto markets. According to the SEC and CFTC contingency plans, a reopening would restore processing timelines that matter for crypto related filings and oversight, a near term catalyst for BTC and ETH traders.

According to @EleanorTerrett, she moderated a Money 20/20 panel with Adam Winnick where he shared views on how blockchain can return autonomy and ownership to individuals, source: @EleanorTerrett on X, Nov 9, 2025. The post provides no specific projects, token mentions, or pricing data, so there are no immediate trade signals directly available from the source, source: @EleanorTerrett on X, Nov 9, 2025.

According to @EleanorTerrett, HouseAgGOP Chair GT Thompson spoke Thursday with Acting CFTC Chair Caroline D. Pham on how the commodities regulator is preparing for expanded crypto jurisdiction and rulemakings next year, anticipating passage of market structure legislation, source: @EleanorTerrett on X, Oct 31, 2025. The discussion follows Pham’s meeting last week with Senate Agriculture Chair John Boozman on similar matters, source: @EleanorTerrett on X, Oct 31, 2025. A key outstanding question is how much appropriations the agency will require for the additional oversight, source: @EleanorTerrett on X, Oct 31, 2025. Further details are expected Monday in the CryptoAmerica newsletter, source: @EleanorTerrett on X, Oct 31, 2025.

According to @EleanorTerrett, CFTC Acting Chair Caroline D. Pham confirmed via X that Mike Selig is the White House nominee to replace her at the helm of the agency. Source: x.com/EleanorTerrett/status/1982105023187501100; x.com/CarolineDPham/status/1982088937376997558. The CFTC is the primary U.S. regulator for derivatives markets, including digital asset derivatives, and its Chair is nominated by the President and confirmed by the Senate, making leadership changes directly relevant for compliance and rulemaking that affect trading venues. Source: cftc.gov/About/AboutTheCFTC; cftc.gov/About/Commissioners. Bitcoin (BTC) and Ether (ETH) futures and options are listed on CME and fall under CFTC oversight, so traders in crypto derivatives should track policy and supervisory signals during the nomination and confirmation process. Source: cmegroup.com/markets/cryptocurrencies/bitcoin/bitcoin.html; cmegroup.com/markets/cryptocurrencies/ether/ether.html; cftc.gov/IndustryOversight/TradingOrganizations/DCMs.

According to Eleanor Terrett, Governor Chris Waller announced at the Federal Reserve Payments Innovation Conference that the Fed is proposing a limited-access master account, termed a skinny master account, to provide all legally eligible institutions direct access to the Fed’s payments rails without relying on partner banks; source: Eleanor Terrett, X, Oct 21, 2025. According to Eleanor Terrett, the skinny master account would not include services available to full master accounts such as borrowing from the Fed, and it would not change existing legal eligibility rules; source: Eleanor Terrett, X, Oct 21, 2025. According to Eleanor Terrett, the framework would allow the Fed to green-light innovative banks including fintechs, stablecoin issuers, and other payments companies for this limited-access account; source: Eleanor Terrett, X, Oct 21, 2025. According to Eleanor Terrett, firms specifically highlighted as beneficiaries include Custodia Bank and Kraken, with potential expedited access for Ripple (XRP) and Anchorage, all of which have sought master accounts or applied this year; source: Eleanor Terrett, X, Oct 21, 2025.

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.