**Key Highlights from the Crypto Market**
VanEck filed for a spot-based Ethereum ETF that tracks stETH, showcasing progress on liquid staking and SEC acceptance. British Columbia plans to ban new crypto mining by 2026, prioritizing clean energy and limiting AI/data center power use. BitMine Immersion Technologies increased its ETH holdings to 3.24 million ETH (2.7% of supply), signifying growing investment activity.
**Market Moves:**
Strategy’s portfolio saw an increase in BTC holdings by $18.8M worth of shares, taking it to 640,418 BTC ($71B). This reflects a 3% pre-market stock surge. Polychain Capital secured $110M for Greenlane Holdings through X PIPE, bolstering their treasury with BERA tokens and driving a 14% jump in GNLN shares and a 10% rise in BERA tokens.