TREE NEWS reports: Bitmine has staked 159,728 ETH valued at $390 million. Separately, the Blockchain Association and six blockchain organizations called on the SEC to clarify standards for token decentralization and the definition of digital commodities, while JPMorgan added bitcoin to its long-term return forecasts for the first time. Cboe also expanded options trading hours to cover stocks including Robinhood and Nvidia and major ETFs.
Bitmine Stakes 159,728 ETH Worth $390M
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AI take
Bitmine's large ETH staking move signals that institutional-scale treasuries are treating staking as a core balance-sheet activity rather than an experiment, tightening the link between corporate holdings and network participation. The more consequential thread is the parallel push by the Blockchain Association and allied groups for SEC clarity on decentralization and digital commodities, since that definitional fight shapes how tokens are classified and traded in the US. Watch whether that clarification request gains traction and whether more corporate treasuries follow Bitmine into staking; neither trajectory is settled.
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