Grayscale Investments, in collaboration with NYSE Arca, has submitted a request to the U.S. Securities and Exchange Commission (SEC) for permission to transform the Grayscale Ethereum Trust (ETHE) into an Ethereum spot exchange-traded fund (ETF). Continue Reading
Asset management firms continue their pursuit of digital asset offerings, as reports suggest that Invesco and Galaxy Digital submitted an application for a spot Ether exchange-traded fund (ETF) on September 29.Continue Reading
The U.S. Securities and Exchange Commission (SEC) has once more deferred its verdict on various proposals for spot Bitcoin exchange-traded funds (ETFs), which include submissions from prominent financial firms like BlackRock and Invesco, as well as cryptocurrency-oriented Bitwise.Continue Reading
PayPal is developing a platform for the purchase and sale of digital collectibles (NFTs), which has the potential to integrate seamlessly with services such as Ethereum.Continue Reading
The U.S. Securities and Exchange Commission (SEC) has postponed its decision regarding the approval or rejection of spot Ether exchange-traded fund (ETF) applications submitted by ARK 21Shares and VanEck.Continue Reading
In his congressional testimony on Wednesday, Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC), maintained his confrontational position against cryptocurrency "hucksters." Continue Reading
The commission has granted itself a further 60-day period to evaluate ARK 21Shares' investment product for listing on the Cboe BZX Exchange, establishing a final cutoff date of January 10th.Continue Reading
Two bipartisan representatives from the House Financial Services Committee jointly penned a letter to SEC Chair Gary Gensler, advocating for prompt action on ETFs.Continue Reading
MicroStrategy acquired its most recent Bitcoin reserve with an average cost of $27,053 per coin, representing a 9% reduction compared to the average price of its entire BTC acquisition.Continue Reading
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