Daily Market Wrap | Oct. 21

VanEck filed for the first Lido Staked Ethereum ETF, tracking stETH, as the SEC deems liquid staking non-securities, reflecting Ethereum staking acceptance.
British Columbia will ban new crypto mining from its grid to prioritize clean energy and cap AI/data center power use from January 2026.
BitMine Immersion Technologies bought 203,826 ETH, raising its holdings to 3.24 million ETH (2.7% of supply), with $1.34B in crypto and cash, as ETH traded near $4,000.

Strategy bought 168 BTC at $112,051, increasing its holdings to 640,418 BTC ($71B), funded by $18.8M in shares, with stock up 3% pre-market.
Polychain Capital leads $110M X PIPE for Greenlane Holdings to acquire BERA tokens as its primary treasury asset, boosting GNLN shares 14% and BERA 10% to $2.05.

Policy and Regulation

Ethereum