In what may be a big test of the crypto sector’s new influence over a markedly friendlier U.S. Congress, it’s asking for the reversal of an incoming tax policy.

Institutional investors bought $38.7 billion worth of the spot bitcoin exchange-traded funds in the fourth quarter, filings with the Securities and Exchange Commission revealed.

The Hashdex Nasdaq XRP fund is currently in a pre-operational phase, but does not yet have an official start date.

Called the Open Intents Framework, the new scheme aims to bring “intents” to all corners of the Ethereum ecosystem.

The approval allows the trading platform to expand its digital asset offerings across all 30 European Economic Area countries.

The arrival of the Monad testnet will provide traders with a fast EVM-compatible building site and the possibility of airdrops on the L1.

The firm, which holds 1,000 BTC, went public on the Nasdaq Wednesday via a SPAC merger.

The expansion is driven by optimism about potential regulatory changes under the Trump administration.

A survey by the crypto exchange showed that 85% of digital asset holders in the U.S. invested in memecoins.

Access to fiat services begins Wednesday, and will be gradually rolled out to all eligible customers over the coming days, Binance.US said.