In a historic move, the Securities and Exchange Commission (SEC) has given its approval to Bitcoin Exchange-Traded Funds (ETFs), 15 years after Hal Finney’s seminal ‘Running Bitcoin’ tweet. This development is expected to usher in a new wave of investors into the crypto market.Meanwhile, the Aave community has voted to integrate PayPal’s stablecoin, PYUSD, into […]
US Senator Elizabeth Warren has voiced her disapproval of the Securities and Exchange Commission’s (SEC) recent decision regarding a Bitcoin Exchange-Traded Fund (ETF). The senator has been vocal in her criticism, stating that the SEC was wrong in its decision.Warren, known for her stringent stance on financial regulations, has called for the implementation of strict […]
Asset management giant Vanguard has reportedly decided not to allow the purchase of spot Bitcoin exchange-traded funds (ETFs) on its platform, a move that has led some customers to consider leaving. The company stated that it will not offer the new spot Bitcoin ETFs on its brokerage platform as they do not align with its […]
The Securities and Exchange Commission’s (SEC) recent approval of spot Bitcoin Exchange Traded Funds (ETFs) has opened up the possibility of acceptance for other types of crypto funds. Asset managers who have been granted permission to launch Bitcoin ETFs are already proposing spot Ether funds. However, the next potential frontier for crypto ETFs could be […]
In a significant development, the United States Securities and Exchange Commission (SEC) has approved Bitcoin Spot Exchange-Traded Funds (ETFs). The majority of SEC officials voted in favor of the approval, marking a pivotal moment in the crypto space.The approval came on Wednesday, January 10, following a voting exercise by the SEC commissioners on the applications […]
Bitcoin and several other large-cap cryptocurrencies have experienced a rally following the approval of a spot Bitcoin exchange-traded fund (ETF) in the U.S. Despite the hype and enthusiasm surrounding the ETF approval, Bitcoin’s price performance was relatively flat, with a modest gain of 1.35%, trading at $46,258.Some analysts had predicted that the ETF approval could […]
The crypto community is abuzz with speculation about the potential approval of spot Ethereum (ETH) exchange-traded fund (ETF) applications in May 2024. This comes in the wake of the US Securities and Exchange Commission’s (SEC) decision to greenlight the trading of spot Bitcoin ETFs, a move that has been seen as highly beneficial for Ethereum.Following […]
James Seyffart, a research analyst at Bloomberg Intelligence, has expressed skepticism about the likelihood of a spot XRP ETF launching in the United States in 2024. The ongoing lawsuit between Ripple and the US Securities and Exchange Commission (SEC), as well as the lack of regulatory frameworks for XRP, are key factors contributing to this […]
The Securities and Exchange Commission (SEC) has made a landmark decision by approving the listing and trading of Bitcoin spot exchange-traded products (ETPs) and designating Bitcoin and Ripple’s XRP as commodities. This significant regulatory milestone could potentially lead to unprecedented market highs for these digital assets.The SEC’s change in stance comes after it previously rejected […]
The United States Securities and Exchange Commission (SEC) recently gave the green light to several fund managers to list spot Bitcoin exchange-traded funds (ETFs). Despite this landmark approval, SEC Commissioner Mark Uyeda expressed “strong concerns” about three aspects of the approval order.Although Uyeda voted in favor of the Bitcoin ETF applications, he criticized the Commission’s […]
