
The US financial regulator is soliciting comments on NYSE’s application to list Bitwise’s cryptocurrency index ETF.
United States regulators are soliciting comments on securities exchange NYSE Arca’s request to list a Bitwise exchange-traded fund (ETF) holding both Bitcoin (BTC) and Ether (ETH), according to a Dec. 10 filing.
On Nov. 26, Bitwise and NYSE submitted filings to list the ETF to the Securities and Exchange Commission (SEC). Now, the SEC is advancing the application to the next stage by soliciting comments from the industry, the filing said.
The Bitwise Bitcoin and Ethereum ETF is a proposed spot cryptocurrency index fund comprising BTC and ETH. It aims to “give investors balanced exposure to the two largest crypto assets in the world in an easy-to-access format,” the asset manager said in a Nov. 26 post on the X platform.
Source: Bitwise
SEC commissioner Caroline Crenshaw, who is widely known for opposing the spot Bitcoin ETFs, is up for renomination, and the crypto industry fears her re-election.
The United States Senate Banking Committee will vote on Dec. 11 whether to renominate Securities and Exchange Commission (SEC) commissioner Caroline Crenshaw, a vocal crypto skeptic. Several industry executives have voiced frustration over the possibility of her re-election.
Crenshaw was one of two SEC commissioners to vote against the approval of spot Bitcoin (BTC) exchange-traded funds (ETF) in January.
“Caroline Crenshaw is anti-crypto. She even embarrassingly opposed Bitcoin ETFs. The SEC has to change,” crypto exchange Coinbase president and COO Emilie Choi said in a Dec. 7 X post.
Bitcoin (BTC) shattered the $100,000 milestone for the first time after President-elect Donald Trump announced his new pick to chair the U.S. Securities and Exchange Commission (SEC). According to a new report by AP News, Trump has picked former SEC Commissioner and current Patomak Partners chief executive Paul Atkins to head the regulatory agency. As […]
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Spot Ether ETFs saw about $225 million in net inflows over four recent trading days, which was $190 million more than the spot Bitcoin ETFs.
Ether exchange-traded funds (ETFs) have seen more money from investors than their Bitcoin counterparts since Nov. 22, as Ethereum’s decentralized finance (DeFi) ecosystem scored a key victory in a US court this week.
Spot Ether ETFs took in $224.9 million in net inflows over the four trading days between Nov. 22-27, while spot Bitcoin ETFs tallied $35.2 million in net inflows due mainly to a heavy day of outflows on Nov. 25, Farside Investors data showed.
This followed an almost 8% Ether (ETH) price rally to more than $3,590 over the past seven days.
The chief legal officer at Ripple Labs is coming down hard on the U.S. Securities and Exchange Commission (SEC) over what he perceives as the agency bragging. According to a new post on the social media platform X from Ripple CLO Stuart Alderoty, the SEC is looking at its year-in-review incorrectly. Says Alderoty, “The SEC […]
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Another amended filing signals continued progress toward bringing a diversified cryptocurrency index fund to US exchanges.
Asset manager Hashdex has submitted its second amended application for a proposed exchange-traded fund (ETF) designed as a one-stop-shop cryptocurrency portfolio, according to a Nov. 25 regulatory filing.
The revised filing signals continued progress for the crypto index ETF with the Securities and Exchange Commission (SEC), the United States’ top financial regulator.
Hashdex filed its first amended S-1 in October after the SEC asked for more time to reach a decision on whether to authorize the ETF for trading.