SEC further explores feasibility of Ethereum ETF
Exploring the SEC's review of Ethereum ETFs, their market impact, regulatory hurdles, and the anticipation shaping the future of digital asset investments.
MiyukiExploring the SEC's review of Ethereum ETFs, their market impact, regulatory hurdles, and the anticipation shaping the future of digital asset investments.
MiyukiIn anticipation of the looming deadline for a spot Bitcoin ETF decision on January 10, several asset managers, including Vaneck, Valkyrie, Fidelity, Bitwise, and Grayscale, have submitted filings to register their spot Bitcoin exchange-traded funds (ETFs) as securities with the U.S. Securities and Exchange Commission (SEC). Forecasts suggest the SEC may render a decision before the set date.
EdmundA group of former Citigroup executives, in collaboration with prominent investors, plans to launch Bitcoin-backed securities, avoiding the need for SEC approval. The innovative Bitcoin depositary receipts, introduced by Receipts Depositary Corporation, aim to provide institutional access within the regulated U.S. market. Despite the ongoing anticipation for spot Bitcoin ETF approval, RDC positions its offering as a strategic complement to potential ETFs, with support from key investors. As Bitcoin surpasses $45,000, market attention remains focused on regulatory developments, with insights suggesting the SEC may be seeking further evaluation rather than outright denial.
BerniceSEC delays decision on Grayscale's Ethereum Trust to Jan. 25, 2024, citing the need for thorough review and addressing concerns, impacting broader cryptocurrency ETF landscape.
Huang BoThe US SEC delivered a court filling in response to Coinbase's persistent attempts to dismiss the lawsuit filed against it, alleging multiple violations of securities laws by the crypto exchange.
KikyoThe suit comes a day after the SEC sued Binance.
OthersBeaxy has become the latest crypto platform to be charged with running an unregistered securities exchange by the SEC.
cryptopotatoETH's latest software update may have caught the SEC chair's attention to categorize the second-largest cryptocurrency as a security.
OthersFormer SEC lawyer says OpenSea insider trading case could end with NFTs labeled as securities
Cointelegraph