BlockchainReporter Weekly Crypto News Review: TradFi Goes On-chain
The post BlockchainReporter Weekly Crypto News Review: TradFi Goes On-chain appeared on BitcoinEthereumNews.com. This week in crypto saw major strides in regulation, infrastructure, and cross-chain innovation. Grayscale finally secured SEC approval to convert its crypto fund into a spot ETF. Meanwhile, Robinhood’s move into tokenized stocks via Arbitrum signaled growing convergence between traditional finance and blockchain. Other key developments of this week include Gate launching the world’s first tokenized futures market, Crypto.com integrating dYdX for high-leverage on-chain derivatives, and Algorand teaming up with Wormhole to enable seamless cross-chain token transfers. Grayscale Wins SEC Approval to Convert Crypto Fund into ETF In a big win this week, Grayscale secured approval from the U.S. Securities and Exchange Commission (SEC) to convert its Digital Large-Cap Fund into a spot exchange-traded fund (ETF). This marks a key milestone in expanding its regulated crypto investment products. The fund tracks the CoinDesk Large-Cap Select Index and includes five leading cryptocurrencies by market cap. These coins include Bitcoin (80.2%), Ethereum (11.3%), XRP (4.8%), Solana (2.7%), and Cardano (0.81%). This move is part of Grayscale’s broader plan to convert its crypto trusts into ETFs, aiming to reduce arbitrage spreads and improve investor access. The approval follows a 2022 SEC rejection, which Grayscale legally challenged. In 2023, a federal court ruled in Grayscale’s favor, leading to this recent greenlight in July 2025. Analysts see the decision as a step toward more diversified crypto ETFs, potentially paving the way for single-asset products like those for $XRP, $SOL, and $LTC. Robinhood Partners with Arbitrum to Launch Tokenized Stocks for EU Users The second most important news is about Robinhood. Robinhood has teamed up with Ethereum Layer-2 network Arbitrum to offer tokenized U.S. stocks and ETFs to European users. The trading will occur on blockchain rails, enabling seamless access through Arbitrum’s decentralized infrastructure. As part of the partnership, Robinhood plans to launch its own Layer-2…
The post BlockchainReporter Weekly Crypto News Review: TradFi Goes On-chain appeared on BitcoinEthereumNews.com.
This week in crypto saw major strides in regulation, infrastructure, and cross-chain innovation. Grayscale finally secured SEC approval to convert its crypto fund into a spot ETF. Meanwhile, Robinhood’s move into tokenized stocks via Arbitrum signaled growing convergence between traditional finance and blockchain. Other key developments of this week include Gate launching the world’s first tokenized futures market, Crypto.com integrating dYdX for high-leverage on-chain derivatives, and Algorand teaming up with Wormhole to enable seamless cross-chain token transfers. Grayscale Wins SEC Approval to Convert Crypto Fund into ETF In a big win this week, Grayscale secured approval from the U.S. Securities and Exchange Commission (SEC) to convert its Digital Large-Cap Fund into a spot exchange-traded fund (ETF). This marks a key milestone in expanding its regulated crypto investment products. The fund tracks the CoinDesk Large-Cap Select Index and includes five leading cryptocurrencies by market cap. These coins include Bitcoin (80.2%), Ethereum (11.3%), XRP (4.8%), Solana (2.7%), and Cardano (0.81%). This move is part of Grayscale’s broader plan to convert its crypto trusts into ETFs, aiming to reduce arbitrage spreads and improve investor access. The approval follows a 2022 SEC rejection, which Grayscale legally challenged. In 2023, a federal court ruled in Grayscale’s favor, leading to this recent greenlight in July 2025. Analysts see the decision as a step toward more diversified crypto ETFs, potentially paving the way for single-asset products like those for $XRP, $SOL, and $LTC. Robinhood Partners with Arbitrum to Launch Tokenized Stocks for EU Users The second most important news is about Robinhood. Robinhood has teamed up with Ethereum Layer-2 network Arbitrum to offer tokenized U.S. stocks and ETFs to European users. The trading will occur on blockchain rails, enabling seamless access through Arbitrum’s decentralized infrastructure. As part of the partnership, Robinhood plans to launch its own Layer-2…
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