BlackRock has adjusted its application for a spot Bitcoin exchange-traded fund (ETF), aiming to simplify involvement for major Wall Street banks. This alteration introduces the creation of new fund shares using cash, expanding accessibility beyond cryptocurrency alone.Continue Reading
Hashdex, among the 13 asset managers competing for a spot in the Bitcoin exchange-traded fund arena, foresees the inaugural spot Bitcoin ETF arriving in the United States by the second quarter of 2024. A spot Ethereum ETF is expected to follow suit.Continue Reading
Asset manager VanEck submitted a revised application for a spot Bitcoin exchange-traded fund (ETF) to the United States Securities and Exchange Commission (SEC) on October 27, as reported in the SEC's database.Continue Reading
NASDAQ listed BlackRock’s iShares Bitcoin Exchange-Traded Fund (ETF) proposal has advanced significantly, now included in the Depository Trust & Clearing Corporation (DTCC). This development is a crucial step towards potential approval by the United States Securities and Exchange Commission (SEC). As the world’s largest asset manager, BlackRock is poised for potential regulatory green light, with...Continue Reading
According to an insider, the U.S. Securities and Exchange Commission (SEC) has decided not to challenge a recent court judgement. This judgement declared that the SEC had made a mistaken decision in refusing Grayscale Investments' application to establish a spot bitcoin exchange-traded fund (ETF). Continue Reading
Referred to as the Hashdex Nasdaq Ethereum ETF, this investment vehicle marks the initial submission for Ethereum futures and spot holdings in accordance with the '33 Act, with oversight and supervision provided by Toroso Investments.Continue Reading
High-ranking Grayscale executives have formally requested a meeting with the U.S. Securities and Exchange Commission (SEC) to engage in discussions regarding their proposed spot Bitcoin ETF. Continue Reading
The SEC has postponed its determination regarding applications for Bitcoin exchange-traded funds (ETFs) from WisdomTree, Invesco Galaxy, Valkyrie, VanEck, Bitwise Asset Management, Blackrock and Fidelity.Continue Reading
ARK Investment Management CEO Cathie Wood anticipated on August 7th that the SEC would postpone its judgement concerning the company's application for a BTC ETF.Continue Reading
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