May 21, 2026
The U.S. Securities and Exchange Commission debuted a new podcast with crypto regulation featured prominently in the first episode. Commissioner Hester Peirce discussed the technology and regulatory approach, signaling crypto as a top priority for the agency in 2026.
The U.S. SEC issued new guidance indicating that certain user-facing interfaces used in crypto securities trading may not need to register as broker-dealers if they allow users to transact using their own wallets without intermediation.
Bitwise added ticker $BHYP and a 0.67% management fee in its latest amended S-1 filing for a Hyperliquid ETF. Multiple asset managers including Grayscale, 21Shares, and VanEck are competing to launch HYPE-linked ETFs.
The SEC's proposed safe harbor framework for crypto fundraising and startup exemptions has moved to the White House Office of Management and Budget for review, with SEC Chair Paul Atkins indicating the proposal will be released 'shortly.'
Galaxy shareholders holding tokenized GLXY shares will be able to participate in proxy voting on-chain in May through a partnership with Broadridge. This represents the first implementation of on-chain corporate governance for tokenized securities.
Morgan Stanley priced its proposed spot Bitcoin ETF (MSBT) at 14 basis points, undercutting all existing competitors and potentially launching in early April. Bloomberg analysts called it a 'big move' that could drive significant inflows given the bank's 16,000 financial advisors managing $6.2 trillion in client assets.