The U.S. Securities and Exchange Commission (SEC) is planning a rule change that would permit registered investment advisers to hold Bitcoin directly, but only if no qualified custodian can hold the asset for them. This conditional exception does not grant broad self-custody rights and applies only when a qualified custodian is genuinely unavailable. The proposal aims to ease institutional Bitcoin custody challenges where custody infrastructure is limited, but the final rule details, including compliance requirements and safeguards, are still pending SEC approval. Advisers should monitor the SEC's formal rulemaking process for updates on this significant potential change in Bitcoin custody regulations.
The SEC's proposed rule change on Bitcoin custody is notable as of October 4, 2026. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 04, 2026 06:11 WIB: out of 50 major cryptocurrencies, 46 rose and 3 fell today. Key movers include ALGO (Algorand) with a 4.34% increase and a typical hold time of 129 days, KSM (Kusama) up 4.19%, and ATOM (Cosmos) up 3.71% with 80% buy order activity.
Ethereum's mainnet generated $2.16 million in revenue over the past seven days, marking an 18% decline from the previous week but still the highest among six blockchain networks. Other networks also saw declines: Base fell 3.3% to $550,000, Polygon P...
A social media post claimed that an unnamed former PayPal president advised buying Bitcoin, citing a rumor that scientists can turn mercury into gold. The post argued that gold's scarcity might be challenged if mercury-to-gold conversion is possible,...
NEAR Protocol introduced a cross-margin feature for its Hyperliquid-powered perpetual contracts interface, allowing multiple positions to share one balance and link their liquidation risk. This new setup pools margin at the account level, enabling ga...
On October 22, 2026, Spot Bitcoin ETFs experienced their largest outflows since June 2025, with $635.5 million withdrawn. Major funds like BlackRock’s IBIT and Fidelity’s FBTC led the sell-off, erasing gains from the prior two days that had brought i...
Remittix has raised $33 million and will burn 300 million RTX tokens, reducing supply by 20% ahead of public trading starting November 24, 2026. This token burn and near-cap funding boost scarcity and investor interest. Meanwhile, the XRP Ledger's No...
