VanEck has launched an exchange-traded note (ETN) in Europe tracking the Pyth Network's native token, PYTH, now available on Euronext Amsterdam and Paris for investors in 15 European countries. The firm has a strong history of cryptocurrency investment products, including various digital asset ETNs and spot ETFs in the U.S. In a separate legal battle, Binance and its former CEO are seeking to dismiss an amended complaint from the U.S. Securities and Exchange Commission (SEC) regarding the classification of certain cryptocurrencies as securities. The SEC's claims, which include tokens like AXS and FIL, are contested by Binance, arguing that each transaction should be evaluated individually under existing legal precedents. The outcome of this dispute could significantly impact the broader cryptocurrency market as regulatory scrutiny intensifies.