The Daily: Robinhood’s expansion plans, BlackRock’s staked Ethereum ETF filing, Strategy’s biggest Bitcoin buy since July, and more
Key news includes Robinhood entering Indonesia, BlackRock filing for a staked Ethereum ETF, and Strategy's major Bitcoin purchase.Summary
The daily crypto update highlights several major developments: Robinhood plans to enter the Indonesian market by acquiring local firms Buana Capital Sekuritas and Pedagang Aset Kripto, aiming for early 2026 closure, while simultaneously targeting high-volume traders in the U.S. and EU with lower fees and more leverage options.
BlackRock has filed an S-1 registration for its iShares Staked Ethereum Trust ETF, intending to track the ETH price plus staking rewards, building on the momentum of its existing spot Ethereum ETF. In corporate finance news, Michael Saylor's Strategy purchased another 10,624 BTC for $963 million, marking its largest buy since July, bringing its total holdings to 660,624 BTC.
Additionally, Vitalik Buterin proposed a trustless onchain gas futures market to hedge Ethereum fees, sparking debate over feasibility, and Paradigm made its first investment in Brazil, backing stablecoin startup Crown with $13.5 million.
(Source：The Block)