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Foresight News: According to Bloomberg, sources revealed that due to a stalled confirmation process led by Brian Quintenz at the U.S. Commodity Futures Trading Commission (CFTC), the White House is considering additional candidates for the chair position. The CFTC is supposed to have five members with bipartisan balance, but following a series of resignations, only Acting Chair Caroline Pham, appointed by former President Biden, remains. In recent weeks, a new list of potential CFTC leaders has emerged, and related discussions are intensifying. These candidates may include government officials focused on cryptocurrency policy. Some sources say that Michael Selig, Chief Advisor to the SEC's Crypto Special Task Force and former partner in asset management at Willkie Farr & Gallagher, is among the candidates. Tyler Williams, Digital Asset Policy Advisor to Treasury Secretary Scott Bessent, is also considered a candidate; before joining the Treasury, he worked at Galaxy Digital.

ChainCatcher reported that the first exchange-traded funds (ETFs) in the United States offering spot exposure to XRP and Dogecoin began trading on Thursday, delivering impressive performances. The REX-Osprey XRP ETF (ticker XRPR) recorded a first-day trading volume of $37.7 million, setting the highest single-day debut trading volume record this year. The REX-Osprey DOGE ETF (ticker DOJE) saw a trading volume of approximately $17 million, ranking among the top five. Eric Balchunas, Senior ETF Analyst at Bloomberg Intelligence, stated that this is a positive signal for the upcoming Securities Act of 1933 ETFs. XRPR achieved a trading volume of $24 million within the first 90 minutes of trading, five times that of any XRP futures ETF. DOJE reached nearly $6 million in trading volume within the first hour.