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Dash marked an important milestone this mnth as it made it to the top three blockchain asset spot by market cap. The market value of all the Dash tokens in circulation is now over $600 million, well over Ripple’s $300 (roughly) million market cap and below only Ethereum and Bitcoin. The surge may be connected to Bitcoin's scaling issues and possible hard fork. Since then, Dash has dropped to ~$70
On Friday, the Securities and Exchange Commission (SEC) declined the approval of the Bitcoin ETF. The SEC stated, "the Commission is disapproving this proposed rule change because it does not find the proposal to be consistent with Section 6(b)(5) of the Exchange Act, which requires, among other things, that the rules of a national securities exchange be designed to prevent fraudulent and manipulative acts and practices and to protect investors and the public interest."