Cryptocurrency Analysis and News Portal
The United States Securities and Exchange Commission (SEC) called on the public to comment on a proposed rule change that could allow asset management firm Fidelity to offer shares of its spot Ether exchange-traded fund, or ETF.In a Nov. 30 notice, the SEC said “interested persons” may comment on the
Read More
The revised proposal allows the ETF to utilize both in-kind and cash mechanisms. The ETF plans to store Bitcoin in cold storage, with custody services provided by Coinbase Custody Trust. Franklin Templeton has submitted an updated S-1 filing to the Securities and Exchange Commission (SEC), seeking approval for the launch of
Read More
Grayscale officials had previously met with the US SEC representatives to the division of trading and markets to discuss the proposed rule to list and trade GBTC under NYSE Arca. After the United States Department of Treasury purged Binance Holdings Ltd’s operations in the country, the pathway for spot Bitcoin exchange-traded
Read More
Crypto asset manager Grayscale recently unveiled an updated version of its spot Bitcoin exchange-traded fund (ETF) following discussions with the US Securities and Exchange Commission (SEC). According to Bloomberg researcher James Seyffart, the updated documentation contains a plan to change GBTC’s ticker to BTC. After carefully reviewing the revised documentation, Seyffart
Read More
ARK Investment Management, a major cryptocurrency investment firm founded by Bitcoin (BTC) advocate Cathie Wood, isn’t giving up on its efforts to launch a spot Bitcoin exchange-traded fund (ETF) in the United States.ARK Invest, on Nov. 20, filed another amended prospectus for its spot Bitcoin ETF product developed in collaboration with
Read More
Fidelity Investments filed for a spot Ethereum (ETH) exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC) to list and trade shares of the Fidelity Ethereum Fund on the Cboe BZX Exchange. Fidelity and BlackRock await SEC greenlight According to its filing, the fund is a spot exchange-traded fund (ETF)
Read More
International ETF provider WisdomTree has submitted a revised Form S-1 for its Bitcoin ETF prospectus to the United States Securities and Exchange Commission (SEC) on Nov. 16. This update follows WisdomTree’s resubmission of its spot Bitcoin ETF application in June 2023. Ongoing intentions The WisdomTree Bitcoin Trust ETF will be traded under the
Read More
The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 16, 2023. First Mover is CryptoX’s daily newsletter that contextualizes the latest actions in the crypto markets. Source
Read More
The S-1 form follows the registration of a corporate entity called "iShares Ethereum Trust" in Delaware. Original Source
Read More
The U.S. Securities and Exchange Commission (SEC) has delayed a decision on Hashdex’s application to launch a spot Bitcoin ETF in the U.S. The regulator’s website says that the SEC also postponed its decision on Grayscale’s application to launch a futures ETF on Ethereum (ETH). Through the application, Hashdex wants to transform its futures
Read More