Today in crypto, Invesco became the ninth bidder for a spot Solana ETF, and US home mortgage regulators indicated that crypto could soon be included in risk assessments for certain home loans. Invesco has partnered with Galaxy Digital to propose the Invesco Galaxy Solana ETF, which would track the price of Solana (SOL) directly and might stake a portion of the assets. Analysts estimate a 90% chance of approval for this ETF by next month. In another significant development, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac will start recognizing cryptocurrencies as reserve assets for single-family home loans, eliminating the need to convert digital assets to US dollars. Lastly, the German regulator BaFin and Ethena GmbH settled a long-standing regulatory dispute by agreeing on a 42-day redemption plan for USDe stablecoin holders, concluding a four-month conflict regarding violations of the EU's Markets in Crypto-Assets Regulation. Claims must be submitted by August 6, after which Ethena GmbH will be officially wound up in Germany and the EU.

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