Let’s quickly recap:

1. Grayscale launches Bitcoin Miners ETF (MNRS): • Grayscale has launched the Bitcoin Miners ETF (MNRS) to support the Bitcoin mining industry and the broader crypto ecosystem. By launching MNRS, Grayscale allows investors to passively invest in companies involved in Bitcoin mining, providing them with an opportunity to diversify their portfolios.

2. New ETF applications: $XRP , $DOT , etc.:

• Grayscale has also filed an application with the New York Stock Exchange (NYSE) for its spot XRP ETF. If successful, this would mark an important development for XRP to be traded on the exchange as an ETF.

• 21Shares has submitted an application to the U.S. Securities and Exchange Commission (SEC) for approval of a Polkadot ETF. If approved, it will become one of the first ETFs focused on the Polkadot ecosystem, potentially providing new investment opportunities for investors.

• Bitwise has received SEC approval to launch an ETF that simultaneously holds Bitcoin and Ethereum, further expanding investment options for investors in these two leading cryptocurrencies.

3. Update on U.S. Federal Reserve interest rates:

• The U.S. Federal Reserve has decided to pause interest rate cuts, maintaining rates at 4.25%-4.50%. This move aligns with market expectations, despite former President Donald Trump's calls for rate cuts.

• The Federal Reserve's decision reflects its cautious outlook on the economy and ongoing efforts to control inflation. While lower rates may encourage more risk-taking such as cryptocurrency investments, the overall market sentiment remains positive.

This week's updates, from Grayscale's ETF release to Musk's influence on Dogecoin, are shaping the future of cryptocurrency investment. Investors are closely monitoring these developments. Let's dive into the top cryptocurrency news of the week.

Top cryptocurrency news of the week:

1. Trump Media & Technology Group enters the decentralized finance space, planning to invest $250 million in #TruthFi .

2. Former SEC Chairman Gary Gensler resumes teaching artificial intelligence, finance, and fintech at the Massachusetts Institute of Technology (MIT).

3. The Arizona State Senate approved the 'Strategic Bitcoin Reserve Bill' to invest public funds in Bitcoin.

4. KuCoin reached a settlement agreement with the U.S. Department of Justice (DOJ), including fines and exiting the U.S. market within two years.

5. The Czech National Bank is considering allocating 5% of its reserves to Bitcoin for diversification.

6. #以太坊 community voted to elect Danny Ryan as the new leader of the Ethereum Foundation.

7. MicroStrategy acquired 10,107 BTC for $1.1 billion, increasing its holdings to 471,107 $BTC .

8. Roger Ver sought help from Trump, worried about facing 109 years in prison due to tax-related charges.

9. Ledger co-founder was kidnapped, fingers were cut off, and after paying a ransom, a rescue operation led to arrests.

10. Forbes released its ranking of the most trusted cryptocurrency exchanges for 2025, estimating $1.2 trillion in assets.

That’s the main dynamics in the cryptocurrency field this week.

Thank you for reading, and have a great weekend!