According to @_RichardTeng, clarifying digital asset custody rules that include staking and self-custody addresses a major institutional blocker to crypto participation. Source: Richard Teng, X, Aug 8, 2025. He states that asset managers, custodians, and payment companies have hesitated to build crypto infrastructure due to uncertainty around custodial liability. Source: Richard Teng, X, Aug 8, 2025. Traders should monitor concrete custody rulemaking because, by removing this blocker, it directly impacts institutional onboarding and potential market depth. Source: Richard Teng, X, Aug 8, 2025.

According to Crypto Rover, the U.S. SEC is questioning the legality of proposed Ethereum (ETH) and Solana (SOL) ETFs, highlighting concerns over staking mechanisms and their classification under U.S. investment law (source: Crypto Rover on Twitter, June 2, 2025). This development introduces significant regulatory uncertainty for ETH and SOL ETF approval timelines, which could increase volatility and pressure on both tokens’ spot prices. Traders should closely monitor SEC communications as further scrutiny may delay institutional inflows and affect broader crypto market sentiment.