the SEC delays its decision on Grayscale's Ethereum spot ETF conversion. With implications for stakeholders and the broader market, this decision marks a crucial juncture in the integration of digital assets into traditional financial structures.
MiyukiGrayscale's CEO, optimistic about SEC discussions, sees positive signals for a spot bitcoin ETF. The court win and SEC's review add complexity to the growing competition among firms like BlackRock and Fidelity. Despite JPMorgan CEO's reservations, Sonnenshein emphasizes the enduring nature of the crypto asset class, noting institutional adaptation to new technologies. Closing Remark
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 BoGrayscale Investments is actively pursuing SEC approval for its Grayscale Bitcoin Trust's conversion into a spot bitcoin ETF. Recent discussions with the SEC revolve around NYSE Arca's proposed rule change. Grayscale's persistent efforts, court mandates, and engagements with BNY Mellon showcase its commitment. GBTC outlines plans for listing and ongoing share issuance. The broader industry, including major players like BlackRock and Fidelity, is also navigating the SEC approval process for spot bitcoin ETFs.
Huang BoThe SEC extends the deadline for Grayscale's Ethereum ETF decision until January 1, 2024, introducing uncertainty into Grayscale's strategic move, amidst a competitive landscape and evolving market dynamics.
JasperThe SEC has prolonged its scrutiny of Grayscale's Ethereum Futures Trust, a decision poised to influence the trajectory of cryptocurrency Exchange-Traded Funds (ETFs) in the US.
CatherineCoinbase joins Grayscale in claiming that the SEC is failing to give spot market Bitcoin ETFs fair consideration.
OthersIn response to the U.S. Securities and Exchange Commission's denial of a request to convert its Bitcoin trust into an ...
BitcoinistThe U.S. Securities and Exchange Commission (SEC) will announce its decision on the Bitcoin-linked spot Exchanged Traded Funds (ETFs) proposals ...
BitcoinistU.S. Securities and Exchange Commission has approved another Bitcoin futures ETF. Could this mean a spot ETF is on its way?
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