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Crypto

U.S. SEC includes XRP, Solana in new Nasdaq order, signaling institutional entry for four cryptocurrencies

The U.S. Securities and Exchange Commission approved a Nasdaq Texas rule change that defines bitcoin and ether, along with solana and XRP, as “digital commodities” under exchange rules. The amendment allows actively managed crypto strategies and permits funds to hold assets that do not meet listing standards up to 15 percent of net asset value. The SEC said the move does not create a new federal commodities classification or approve specific XRP or Solana ETFs.

Crypto

AIXC exits crypto treasury strategy, sells bitcoin and ether to pivot to robotics

Nasdaq-listed microcap AIXC has sold all of its digital assets and ended its cryptocurrency treasury strategy. In an amended S-1 filing with the U.S. Securities and Exchange Commission, the company disclosed plans to sell holdings including 33.49 bitcoin, 497.56 ether and 6,325.92 solana, as well as Chainlink, BNB and ADA. AIXC said it had about 50 percent unrealised losses and will pivot to robotics via its RoboShare platform.

Crypto

U.S. Treasury debt buyback nears $14.5 billion, raising hopes of second rally in bitcoin and XRP

The U.S. Treasury began full execution of a government debt buyback program on Sept. 7, lifting expectations for near-term liquidity tied to bitcoin and XRP. The weekly cap is $14.5 billion, and the maximum per Treasury session could reach $16.5 billion. Attention is on Sept. 9, when long-dated buyback limits are set to double. Traders are watching whether the cash supplied through buybacks fuels risk appetite and lifts crypto prices.