Be persistent with the SEC, says Franklin Templeton digital asset head
The SEC is safeguarding the economy, but Roger Bayston sees a change in tone at the regulator.
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The SEC is safeguarding the economy, but Roger Bayston sees a change in tone at the regulator.
Outflows from the Grayscale Ethereum Trust (ETHE) could dampen the Spot Ethereum ETF approval party but create significant opportunities for traders.
Spot Ether ETFs might be weeks or months away from debuting on exchanges, as the ETF filers have yet to receive their S-1 SEC registration.
Consensys director of global regulatory matters Bill Hughes interpreted the approval as an admission that Ether is a commodity.
Unlike the spot Bitcoin ETFs, which were approved via voting by a five-member committee, including SEC chief Gary Gensler, spot Ether ETFs were approved by the Trading and Markets Division of the SEC.
While the ETF approval process could be delayed until 2025, it could be Ethers most significant price catalyst.
On Wednesday, Valkyrie Funds, a Tennessee-based asset manager offering a bitcoin futures exchange-traded fund (ETF), a defi fund, and a bitcoin mining industry ETF, filed with the U.S. Securities and Exchange Commission (SEC) for the launch of a spot bitcoin ETF. SEC Flooded With Spot Bitcoin ETF Applications as Valkyrie Funds Steps Into the Ring
The post Valkyrie Funds Joins Race for SEC Approval as It Files Application for Spot Bitcoin ETF appeared first on BTC Ethereum Crypto Currency Blog.
Coincheck is set to make history as the first Japanese crypto exchange to list on Nasdaq, following SEC approval.
The ownership of FTX EU has become a point of contention between Backpack Exchange and the FTX estate.
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