Bitcoin (BTC) has demonstrated remarkable resilience in the face of fluctuations in the broader financial sectors, regularly holding a position above the $27,000 level. VanEck’s proposal for an Ether futures ETF has sparked optimism in the cryptocurrency market, but experts advise caution.The potential approval of a Bitcoin ETF by the Securities and Exchange Commission (SEC) […]
Bitwise Asset Management has announced the launch of two Ethereum-themed exchange-traded funds (ETFs): the Bitwise Ethereum Strategy ETF (AETH) and the Bitwise Bitcoin and Ether Equal Weight Strategy ETF (BTOP). These ETFs will provide investors with access to Chicago Mercantile Exchange (CME) Ether futures and expand regulated and trusted investment avenues in the crypto sector. […]
John Deaton, a prominent securities attorney, was recently honored with the inaugural Defender of Freedom Award by the International Crypto Business Law Association (ICBLA). This award recognizes Deaton’s bold strategy that enabled digital asset owners to challenge SEC enforcement actions. His significant contribution in the SEC v. Ripple case showcased the power of collective community […]
Bitwise Asset Management has announced that trading for two Ethereum-focused ETFs, the Bitwise Ethereum Strategy ETF ($AETH) and the Bitwise Bitcoin and Ether Equal Weight Strategy ETF ($BTOP), will commence on October 2, 2023. This decision comes after the firm amended its application for the spot Bitcoin ETF. According to the firm’s Chief Investment Officer, […]
The wallet of the perpetrator of the FTX hack, identified as 0x3e957, has recently been activated and contains a substantial sum of $16.75 million in ETH tokens. Two separate transactions of 2,500 ETH each, valued at $4 million, have been made, which could potentially exert downward pressure on prices and affect smaller investors. The launch […]
The Securities and Exchange Commission (SEC) is rushing to approve Ethereum products before the government shutdown on October 1st, according to Bloomberg ETF expert Eric Balchunas. Valkyrie, VanEck, ProShares, Bitwise, Hashdex, and Volatility Shares all expect to begin trading their Ether futures ETFs on Monday. Valkyrie’s chief investment officer Steven McClurg told Reuters that the […]
Asset managers are increasingly pursuing digital asset products, with Invesco and Galaxy Digital filing for a spot Ethereum ETF on September 29. Bloomberg ETF analyst James Seyffart revealed the filing on X, though it had not yet been uploaded to the SEC’s public database. A spokesperson for Invesco declined to confirm the application.The SEC has […]
Zhu Su, co-founder of the now-bankrupt Three Arrows Capital (3AC), has been arrested in Singapore, according to a tweet from online news aggregator db. The reason behind the arrest and the nature of any charges brought are currently unknown.3AC’s downfall was a shocking event in the crypto industry, given its prominent position and substantial investment […]
CoinShares, a European cryptocurrency investment firm, is optimistic about the regulatory climate in the United States as it enters the new market. On Sept. 22, CoinShares officially announced the launch of its new division, CoinShares Hedge Fund Solutions, which marks the first time the firm has offered its services to qualified U.S. investors. CoinShares’ entrance […]
The European Commission has taken the initiative to commission a study aimed at developing a comprehensive methodology to reduce the environmental impact of crypto-assets. The Commission’s call for proposals explicitly addresses the need for innovative solutions to minimize the carbon footprint of cryptocurrencies. The Commission has allocated approximately 800,000 euros for this study, which is […]
