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SEC advances NYSE’s filing to list Bitwise Bitcoin and Ethereum ETF

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

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Robert Kiyosaki: Biggest Crash in History Is Here—’Millions Will Be Crushed’

Paul Atkins to the Rescue: Crypto-Focused VCs Cheer Trump’s SEC Appointment

Paul Atkins to the Rescue: Crypto-Focused VCs Cheer Trump’s SEC AppointmentCryptocurrency-focused venture capital firms are optimistic about President-elect Donald Trump’s selection of Paul Atkins as Securities and Exchange Commission (SEC) chair. Trump’s Picks Expected to Reverse Gensler-Era Policies Cryptocurrency-focused venture capital (VC) firms are reacting positively to President-elect Donald Trump’s selection of Paul Atkins as chair of the Securities and Exchange Commission. According to a […]

Robert Kiyosaki: Biggest Crash in History Is Here—’Millions Will Be Crushed’

Crypto industry fears ‘vehemently anti crypto’ Caroline Crenshaw SEC vote

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.

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Robert Kiyosaki: Biggest Crash in History Is Here—’Millions Will Be Crushed’

Gary Gensler Quietly Sets Aggressive Crypto Crackdown in Motion Before Leaving, Warns Former SEC Official

Gary Gensler Quietly Sets Aggressive Crypto Crackdown in Motion Before Leaving, Warns Former SEC OfficialSEC Chair Gary Gensler is orchestrating a last-minute push to cement aggressive crypto enforcement, with secret promotions signaling a looming regulatory crackdown despite leadership changes. Former SEC Official Warns of Crypto Crackdown Despite Incoming Pro-Crypto Chair John Reed Stark, former head of the U.S. Securities and Exchange Commission’s (SEC) Office of Internet Enforcement, has highlighted […]

Robert Kiyosaki: Biggest Crash in History Is Here—’Millions Will Be Crushed’

Bitcoin (BTC) Smashes Through $100,000 Following Trump’s Pick of Paul Atkins for SEC Chair

Bitcoin (BTC) Smashes Through 0,000 Following Trump’s Pick of Paul Atkins for SEC Chair

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 […]

The post Bitcoin (BTC) Smashes Through $100,000 Following Trump’s Pick of Paul Atkins for SEC Chair appeared first on The Daily Hodl.

Robert Kiyosaki: Biggest Crash in History Is Here—’Millions Will Be Crushed’

Ether ETFs are beating their Bitcoin counterparts amid recent ETH rally

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.

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Robert Kiyosaki: Biggest Crash in History Is Here—’Millions Will Be Crushed’

Ripple Chief Legal Officer Slams SEC for ‘Bragging’ About 2024 Enforcement Actions in New Press Release

Ripple Chief Legal Officer Slams SEC for ‘Bragging’ About 2024 Enforcement Actions in New Press Release

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 […]

The post Ripple Chief Legal Officer Slams SEC for ‘Bragging’ About 2024 Enforcement Actions in New Press Release appeared first on The Daily Hodl.

Robert Kiyosaki: Biggest Crash in History Is Here—’Millions Will Be Crushed’

Hashdex again amends S-1 for Nasdaq Crypto Index US ETF

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.

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Robert Kiyosaki: Biggest Crash in History Is Here—’Millions Will Be Crushed’

SEC nets record $8.2B from enforcement, mostly from Terraform Labs

Terraform Labs’ near $4.5 billion settlement with the SEC has contributed to a record year for the agency’s financial penalties.

The United States Securities and Exchange Commission hit a new record for penalties and fines from its enforcement actions in the fiscal year 2024 — due mainly to a massive settlement with crypto firm Terraform Labs.

The agency net $8.2 billion in financial remedies for the year ending Sept. 30 — “the highest amount in SEC history,” it said in its Nov. 22 annual report — despite the number of cases declining 26% from last year to 583.

Over half of the total came from the SEC’s court win against Terraform and former CEO Do Kwon, who paid a $4.47 billion settlement after being found liable for fraud over its blockchain ecosystem’s collapse in 2022 that wiped billions of dollars.

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Robert Kiyosaki: Biggest Crash in History Is Here—’Millions Will Be Crushed’

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

President-elect Donald Trump’s possible pick for Chair of the U.S. Securities and Exchange Commission (SEC) is reportedly planning to make the nation a global leader in crypto. According to a new report by Fox Business, Trump’s potential pick – current SEC Commissioner Mark Uyeda – says that he would overhaul how the government views the […]

The post Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report appeared first on The Daily Hodl.

Robert Kiyosaki: Biggest Crash in History Is Here—’Millions Will Be Crushed’