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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
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The United States Securities and Exchange Commission (SEC) could approve all 12 pending spot Bitcoin exchange-traded fund (ETF) applications by Nov. 17. Beginning on Nov. 9, the SEC reportedly has a “window” to approve all 12 spot Bitcoin ETF filings, including Grayscale Investments conversion of its Grayscale Bitcoin Trust product.However,
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In an Oct. 26 announcement, the Spanish Ministry of Economy and Digital Transformation shared that the Markets in Crypto-Assets (MiCA) Act will come into force on a national level in December 2025, six months earlier than scheduled. According to the European Securities and Market Authority, the deadline for implementing MiCA is
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The Spanish Ministry of Economy and Digital Transformation reported that the first comprehensive European Union crypto framework, the Markets in Crypto-Assets (MiCA) Act, will come into force on a national level in December 2025.As follows from the release published by the Ministry on Oct. 26, the first vice president of
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Country Garden’s struggles come amidst broader turmoil within the Chinese property development sector. China’s leading private property developer Country Garden is grappling with a severe default risk on its offshore debt as it races against time to meet a critical $15 million coupon payment due on Tuesday, signifying the end of
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The SEC has hours left to seek an appeal of the court order to erase the agency’s rejection of Grayscale’s trust-to-ETF conversion application. Source
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Eleanor Terrett, a Fox Business journalist, shared a post on X reminding the public that the U.S. Securities and Exchange Commission (SEC) has until midnight to appeal the Grayscale bid for a spot Bitcoin ETF. If they don’t, then in one week, the case will be closed, and Grayscale can move
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Arbitrum, a major Layer 2 solution for the Ethereum blockchain, has officially added the unclaimed tokens from the Arbitrum airdrop to its network’s treasury.The Arbitrum Foundation sent 69.4 million unclaimed Arbitrum (ARB) tokens to the Arbitrum’s decentralized autonomous organization (DAO) treasury on Sept. 24, the foundation announced on X (formerly
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Users had nearly six months to claim the tokens after an airdrop in March. Source
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The trustee cited the need for additional time to facilitate the rehabilitation process. Defunct cryptocurrency exchange Mt. Gox has yet again postponed its repayment deadline by one year. This significant development was confirmed in a letter shared by Nobuaki Kobayashi, the trustee responsible for overseeing the rehabilitation of the exchange. Initially slated
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