Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Truth Social has officially filed an S-1 form with the U.S. SEC on June 16, 2025, to launch the Truth Social Bitcoin and Ethereum ETF, named “B.T.” Sponsored by Yorkville America Digital, LLC, the ETF aims to offer investors combined exposure to both Bitcoin and Ethereum through a single investment product. This move reflects Truth Social’s growing interest in digital assets and positions the platform at the forefront of crypto-focused financial innovation in the U.S. market.

Justin Sun’s TRON is set to go public in the U.S. through a reverse merger with Nasdaq-listed SRM Entertainment. This move comes as the SEC pauses its fraud investigation into Sun. The deal, supported by a Trump-linked investment bank, will create a new entity called “Tron Inc.” Notably, Eric Trump is expected to take on a role in the company. The merger marks a major step for TRON as it pushes forward with expansion in the U.S. crypto market.

Strategy has added 10,100 more Bitcoin to its holdings, spending around $1.05 billion at an average price of $104,080 per BTC. This pushes their total stash to 592,100 BTC as of June 15, 2025, bought at a total cost of approximately $41.84 billion, with an average entry price of $70,666 per coin. The firm has also achieved a solid year-to-date Bitcoin yield of 19.1% in 2025, further cementing its position as a major institutional player in the crypto market.

CoinShares has filed an S-1 form with the U.S. SEC, aiming to launch a Solana (SOL) exchange-traded fund. If approved, the ETF would offer traditional investors a regulated way to gain exposure to Solana without directly holding the token. This filing highlights Solana’s growing credibility in the crypto space and reflects rising institutional interest in alternative digital assets. As the ETF race heats up, CoinShares’ move could be a game-changer for altcoin adoption in mainstream financial markets.

Vietnam has passed the Law on Digital Technology, officially recognizing Bitcoin and other cryptocurrencies as digital assets. Set to take effect on January 1, 2026, the law distinguishes crypto from traditional financial assets without classifying them as securities or currency. Though not a full regulatory framework, it’s a key first step toward clearer crypto rules. The law also aligns with global anti-money laundering standards and supports Vietnam’s digital economy push by encouraging the use of blockchain and AI technologies.

MemeStrategy Inc., Asia’s first publicly listed digital asset firm, has made headlines by becoming the first Hong Kong-listed company to invest in the Solana ecosystem. The company acquired 2,440 SOL tokens on the open market, valued at approximately HKD 2.9 million. The purchase was made through OSL Group (863.HK), a licensed digital asset platform under Hong Kong’s Securities and Futures Commission. This move marks a significant step in the institutional adoption of Solana in the region.

Strategy Executive Chairman Michael Saylor recently met with Pakistan’s Finance Minister Muhammad Aurangzeb and Minister of Blockchain and Crypto Affairs Bilal Bin Saqib. In the meeting, Saylor said he’s open to acting as an advisor for Pakistan’s national crypto strategy. They discussed the idea of including Bitcoin in the country’s reserves and building a solid policy framework for digital assets. This signals Pakistan’s growing interest in crypto, with support from one of the space’s most well-known advocates.

Metaplanet has made another bold move in the crypto space by purchasing 1,112 Bitcoin worth $117.2 million. This latest addition brings the company’s total Bitcoin holdings to an impressive 10,000 BTC. The strategic accumulation reflects Metaplanet’s growing confidence in Bitcoin as a long-term store of value. As institutional interest continues to rise, this milestone positions Metaplanet among the top corporate holders of Bitcoin, reinforcing its commitment to integrating digital assets into its treasury strategy.

Walmart and Amazon are exploring the launch of their own USD-pegged stablecoins to reduce payment costs and speed up transaction settlements, according to the Wall Street Journal. Their plans depend on regulatory clarity from the upcoming Genius Act. Both retail giants are also considering joining a merchant-led stablecoin consortium or using third-party digital payment solutions. If approved, this move could reshape how consumers and businesses handle digital payments, bringing faster and cheaper transactions to millions of users.

Ripple and the SEC have jointly asked a Manhattan court to lift the injunction in their ongoing case and release the $125 million civil penalty currently held in escrow. Under the proposal, $50 million would go to the SEC, while the remaining $75 million would be returned to Ripple. This joint motion is part of a broader effort to resolve the long-standing legal dispute, drop all pending appeals, and avoid further court proceedings between the two parties.