In today's crypto news, Block has joined the S&P 500, marking a significant increase in Bitcoin exposure for the index. Block, owned by Jack Dorsey, holds 8,584 Bitcoin, making it the 13th largest corporate BTC holder. Shares of Block have increased nearly 14% in the last five days following the announcement. Additionally, Goldman Sachs and BNY Mellon are set to offer institutional tokenized money market funds, aiming to reshape capital markets with real-time settlement and 24/7 access. This initiative also involves major players like BlackRock and Fidelity, coinciding with the recent GENIUS Act that established a regulatory framework for stablecoins in the U.S. Moreover, the SEC has temporarily paused Bitwise’s conversion of its crypto index fund into an ETF, which includes major cryptocurrencies like Bitcoin and Ether. The situation remains uncertain as the SEC evaluates further.

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