Meme Coin ETFs Are Coming...

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Here's what we've got for you today:

• Active Meme Coin ETFs a ‘Good Chance’ Next Year: Analyst

• Coinbase Reduces Account Freezes and Launches DeFi Access for XRP and DOGE

• Global Crime Wave Forces Bitcoin Family to Go Underground

• Corruption Watchdog Clears Javier Milei Over LIBRA Crypto Scandal

🔮 Active Meme Coin ETFs a ‘Good Chance’ Next Year: Analyst

Bloomberg ETF analyst Eric Balchunas believes there's a "really good chance" that an actively managed meme coin ETF could launch in the US in the near future.

• Bloomberg ETF analyst Eric Balchunas believes there's a strong chance an actively managed meme coin ETF could launch by 2026.

• The rise of meme coin trading may drive ETF issuers to create dynamic products that buy and sell meme coins based on performance.

• Unlike static ETFs tied to a single asset, these active funds could adjust holdings regularly by favoring promising meme coins while offloading underperformers.

❄️ Coinbase Reduces Account Freezes and Launches DeFi Access for XRP and DOGE

Coinbase made progress on two major fronts by reducing unnecessary account freezes by 82% and launching wrapped XRP and Dogecoin tokens on Base.

• Coinbase CEO Brian Armstrong announced that the exchange reduced unnecessary account freezes by 82%, after internal reforms and tech upgrades.

• The company has long faced criticism for abrupt and prolonged account restrictions, which left some users locked out of funds for extended periods.

• Coinbase also launched wrapped versions of XRP and Dogecoin (cbXRP and cbDOGE) on its Layer-2 Base network. This allows users to earn yield through dApps while staying in the Coinbase ecosystem.

🚨 Global Crime Wave Forces Bitcoin Family to Go Underground

The Bitcoin Family overhauled its crypto security strategy in response to the rise in violent crypto-targeted crimes.

• The Family revamped their crypto security strategy by shifting from hardware wallets to a hybrid model using blockchain-based storage and globally distributed seed phrase components.

• These changes were motivated by the rise in violent crimes targeting crypto holders, including kidnappings and extortion.

• To avoid being targeted, the Taihuttus stopped sharing real-time travel updates and adopted stricter privacy measures.

👍️ Corruption Watchdog Clears Javier Milei Over LIBRA Crypto Scandal

Argentina’s corruption watchdog decided to clear President Javier Milei of wrongdoing over the LIBRA scandal.

• Argentina’s Anti-Corruption Office ruled that President Javier Milei did not violate ethics laws when promoting the Libra meme coin, as he was acting in a personal capacity.

• The decision was made after backlash over a Feb. 14 X post that fueled LIBRA’s brief $4B market cap surge before crashing 94%.

• The watchdog pointed out that Milei used no public resources and has long used his X account for personal and political expression rather than official communications.

👀 QUICK NEWS

• Michael Saylor Downplays BTC’s Quantum Threat

• Sui Dex Restarts, Plots Open-Source Move After Massive Exploit

• Coinbase, BiT Global Settle Legal Fight Over wBTC Delisting

• Japanese Senate Approves Crypto Brokerages Reform Bill

• Bitcoin Network Transaction Activity Reaches Lowest Level Since Oct. 2023

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