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The Securities and Exchanges Commission (SEC) on Thursday approved 19b-4 forms filed by issuers looking to launch a spot ether exchange-traded fund (ETF), marking a key step forward in bringing the fund on the market.

The SEC has approved a batch of spot Ethereum ETFs after a sudden pivot just four months after it approved spot Bitcoin ETFs.

Spot ether ETFs, if approved, will likely be listed on exchanges in July or August, according to a new Galaxy Digital report. 

Bankrupt FTX paid over $25 million to seven whistleblowers who found issues with the firm, according to an examiner’s report on Thursday.

While many in the industry cheered the passing of the Financial Innovation and Technology for the 21st Century Act yesterday, many other raised criticisms and concerns.

The crypto and NFT wallet Phantom beat out PayPal, Venmo, Zelle and others in the Google Play store for free finance apps. 

Memecoin hype received another boost last week, though the total amount of fees being paid on Solana is still lower than in March.

The House of Representatives drew partisan lines in a vote to pass a Republican-led bill blocking a central bank digital currency.