The U.S. Securities and Exchange Commission (SEC) has approved Grayscale’s second spot Bitcoin exchange-traded fund (ETF), the Grayscale Bitcoin Mini Trust, for listing on the New York Stock Exchange’s Arca electronic trading platform. Trading under the BTC ticker, this product will feature a management fee of only 0.15%. On July 31, Grayscale will transfer 10% of the Bitcoin held by the Grayscale Bitcoin Trust (GBTC) to the Mini Trust. Current GBTC shareholders will receive proportional shares in the Mini Trust based on their holdings in GBTC.

Ethereum core developer Peter Szilágyi has voiced strong criticism against the proposed PeerDAS update. According to Szilágyi, the update would hinder home stakers, typically those with simpler computing setups, from participating in the Ethereum network. „Ethereum research is murdering home stakers live in front of everybody,” Szilágyi wrote on the social media platform X. “This is not something I signed up for when joining Ethereum.” He added, “at this point I’d be happy to proven otherwise, but I feel Ethereum is losing the plot. The research team fully embraced the idea to centralise everything as long as it can be verified. Which is a cute charade: decentralised validation but centralised control.”