The last 24 hours have been packed with major developments in the crypto industry, ranging from ETF filings to new adoption moves. Here are the biggest stories you need to know today.
What you'll learn 👉
Grayscale Files for Dogecoin ETF
Grayscale has submitted an application to launch a spot Dogecoin ETF under the ticker GDOG. If approved, this would mark the first DOGE-focused exchange-traded fund in the U.S., giving investors regulated access to the popular meme coin.
Federal Reserve Ends Oversight Program
The Federal Reserve has shut down a program that subjected banks dealing with crypto to heightened oversight. The move is seen as a shift toward loosening restrictions and may give U.S. banks more flexibility in working with digital assets.
Top #CryptoNews Last 24 Hours
— Coinpedia (@CoinpediaNews) August 16, 2025
◾️#Grayscale has filed to launch a spot #Dogecoin ETF under the ticker GDOG.
◽️#FederalReserve shuts down program that heightened oversight of banks dealing with #crypto.
◾️American #Bitcoin, backed by Donald Trump Jr. and Eric Trump, is eyeing…
Trump-Backed “American Bitcoin” Eyes Asia
American Bitcoin, backed by Donald Trump Jr. and Eric Trump, is preparing to expand into Asia through acquisitions. The project is reportedly exploring opportunities to increase its footprint in mining and infrastructure.
Gemini Plans Nasdaq Listing
Crypto exchange Gemini has filed its S-1 with the SEC, confirming plans to go public on Nasdaq under the ticker GEMI. A successful listing would make Gemini one of the few major U.S. crypto exchanges to trade on public markets.
Google Invests in Bitcoin Miner TeraWulf
Tech giant Google has acquired an 8% stake in Bitcoin miner TeraWulf as part of a $3.7 billion AI hosting agreement. The deal strengthens ties between cloud services and crypto mining operations.
U.S. Policy Updates
SEC Chair Paul Atkins said that every division of the agency is working together to position the U.S. as a global leader in crypto regulation. Meanwhile, Treasury Secretary Bessent revealed that the government is considering strategies to increase its Bitcoin reserves.
Citigroup Explores Stablecoin Services
Banking giant Citigroup, with $2.57 trillion in assets, is exploring payment services and custody solutions for cryptocurrency stablecoins, signaling growing institutional adoption.
Global Regulatory Moves
In Hong Kong, the SFC announced stricter custody rules for virtual asset platforms, aiming to boost investor protection. At the same time, the SEC has delayed its decision on both the Bitwise Solana ETF and the 21Shares Core Solana ETF until October 16, 2025.
Adoption & Taxes
Crypto adoption continues to expand in the UAE, where travelers can now book flights with Bitcoin, Ether, USDT, and other tokens via Emirates, Travala, and Air Arabia. In the U.S., New York Assembly member Phil Steck has proposed a 0.2% crypto transaction tax, projected to generate $158 million per year.
Fun Fact
Michael Saylor’s Strategy now owns more Bitcoin than 75% of countries hold in gold, underscoring the scale of his long-term bet on BTC.
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