Over 600 firms reveal billions in combined investment in Bitcoin ETFs

Millennium Management is the largest Bitcoin ETF investor with a $1.9 billion investment.

View Details

Insiders Say SEC Deems Blackrock’s Spot Bitcoin ETF and Other Applications as Inadequate

According to a report citing “people familiar with the matter,” the U.S. Securities and Exchange Commission has allegedly informed Nasdaq and Cboe that Blackrock’s registration for a bitcoin exchange-traded fund (ETF) and the multitude of other spot bitcoin ETF applications currently in progress are considered inadequate. SEC Reportedly Finds Flaw in the Latest Slew of [...]

The post Insiders Say SEC Deems Blackrock’s Spot Bitcoin ETF and Other Applications as Inadequate appeared first on Crypto Breaking News.

View Details

Gemini and Genesis Fight Back Against SEC Lawsuit, Seek Dismissal of Allegations

Gemini Trust Company and Genesis Global Capital filed a court document on May 26, 2023, seeking the dismissal of a lawsuit brought by the U.S. Securities and Exchange Commission (SEC). The regulatory body had accused the two crypto firms of offering unregistered securities. Gemini and Genesis Refute SEC’s Claims of Unregistered Securities, File Motion to [...]

The post Gemini and Genesis Fight Back Against SEC Lawsuit, Seek Dismissal of Allegations appeared first on Crypto Breaking News.

View Details

Genesis eyes fast resolution to creditor disputes and bankruptcy exit in May

A lawyer for Genesis is optimistic it can resolve creditor disputes before the week is out while the firm could exit bankruptcy proceedings in four months.

View Details

Nifty News: IHOP bamboozles crypto users with ‘NFT,’ Logan Paul’s NFT falls to $10 and more

The YouTube star’s huge loss on his NFT has been bumped up by a measly bid after he shared how much it had dropped in value since his purchase last year.

View Details

Court docs reveal details about thousands of Celsius customers

The data of thousands of Celsius customers revealed in court also included its executives showing millions withdrawn from the platform in the weeks before it was suspended to the public.

View Details

US SEC To Open New Office Dedicated to Crypto-Related Filings

The new crypto offices, which are under the SEC’s Division of Corporation Finance, will be tasked with reviewing disclosures for publicly traded firms. (Read More)

View Details

Crypto venture capital firms see surging assets under management

Filings reveal the massive amount of assets that crypto venture funds are managing, Andreessen Horowitz’s (a16z) crypto funds were also disclosed to be worth around $9 billion.

View Details

Voyager’s $1B deal with Binance.US moves forward after deal with Feds

The bankrupt crypto lender struck a deal with the U.S. government and its $1 billion sale of cryptocurrencies to Binance.US has moved forward.

View Details

SEC Approval of Three XRP ETF Filings Expected to Boost Price to $6, Predicts Analyst

The Securities and Exchange Commission has officially acknowledged three new applications for a Spot XRP ETF, a move that could potentially spark a significant rally for the cryptocurrency, pushing its price to $6. This development marks a positive step for XRP investors and enthusiasts who have been eagerly awaiting the approval of an XRP ETF. [...]

The post SEC Approval of Three XRP ETF Filings Expected to Boost Price to $6, Predicts Analyst appeared first on Crypto Breaking News.

View Details

SEC Fast Tracks Approval of Multiple Crypto ETF Filings

The Securities and Exchange Commission (SEC) has been ramping up its reviews and approvals of cryptocurrency exchange-traded fund (ETF) filings. This acceleration in the approval process indicates a growing acceptance of digital assets within the regulatory space. In recent months, the SEC has been greenlighting a significant number of crypto ETF filings, signaling a shift [...]

The post SEC Fast Tracks Approval of Multiple Crypto ETF Filings appeared first on Crypto Breaking News.

View Details

Genslers imminent exit triggers wave of crypto ETF submissions

As Gary Genslers last day as SEC chair approaches, the crypto industry floods the commission with a wave of ETF filings.

View Details

Cboe Resubmits Spot Bitcoin ETF Filings With Coinbase as Surveillance-Sharing Partner Amid SEC Dissatisfaction

In response to reports suggesting that the recent wave of spot bitcoin exchange-traded funds (ETFs) filed in recent weeks did not meet the U.S. Securities and Exchange Commission’s (SEC) standards, the Chicago Board Options Exchange (Cboe) has resubmitted four 19b-4 filings for these ETFs. Notably, Cboe’s amended filings now include Coinbase as a partner in [...]

The post Cboe Resubmits Spot Bitcoin ETF Filings With Coinbase as Surveillance-Sharing Partner Amid SEC Dissatisfaction appeared first on Crypto Breaking News.

View Details