Hot Topics The SEC approved accelerated cryptocurrency ETF listing standards, reducing the approval time for qualified products to 75 days and eliminating the need to file Form 19b-4. The SEC streamlined the listing process for spot cryptocurrency ETFs, adopting common standards and approving Grayscale's large-cap fund and the Chicago Board Options Exchange (Cboe) Bitcoin ETF options. Michigan's HB 4087, which would allow up to 10% of state reserves to be allocated to Bitcoin, has entered its second reading. Market Updates Grvt raised $19 million from ZKsync and others to expand its privacy-focused decentralized exchange (DEX) based on zero-knowledge proofs. Brera Holdings (now Solmate) raised $300 million to build the Solana Treasury, backed by ARK Invest and others, and its stock price rose 14%. Nvidia will invest $5 billion in Intel at $23.28 per share to develop AI-powered data centers and PCs, sending Intel's stock price up 24% and boosting AI crypto tokens such as NEAR, TAO and FET.