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Bitcoin ETF Approval Expected by Month’s End, Prominent Hedge Fund Puts More Weight Behind BTC

Bitcoin ETF Approval Expected by Month’s End, Prominent Hedge Fund Puts More Weight Behind BTCThe price of bitcoin soared past the $55K handle on Wednesday for the first time in four months giving proponents hope the crypto bull run has been re-ignited. Speculators are predicting a bitcoin exchange-traded fund (ETF) will be approved soon and some believe bitcoin will outperform other crypto assets this month. ETF Analyst Eric Balchunas […]

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SEC Charges Token Listing Website With Unlawfully Touting Crypto Securities

SEC Charges Token Listing Website With Unlawfully Touting Crypto SecuritiesThe U.S. Securities and Exchange Commission (SEC) has charged a token listing website with unlawfully touting crypto securities. The site did not disclose that it was paid by the token issuers to profile their coin offerings. SEC Charges Website Touting Security Tokens Without Clarifying Which Tokens Are Securities The U.S. SEC announced Wednesday that a […]

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SEC Charges 3 Individuals for Alleged Long Blockchain Insider Trading Scheme

SEC Charges 3 Individuals for Alleged Long Blockchain Insider Trading SchemeThe U.S. SEC charged three individuals that allegedly conducted insider trading related to the Long Blockchain company back in 2017. One of the individuals allegedly traded stocks ahead of the name change that gave the company a price boost. The other two individuals were tipped and took advantage of the data to trade accordingly, the […]

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Vaneck Files Prospectus With US Regulator to Launch a Bitcoin Mutual Fund

Vaneck Files Prospectus With US Regulator to Launch a Bitcoin Mutual FundOn June 21, the wealth manager Vaneck filed a prospectus to launch what it calls a Bitcoin Strategy Fund. The prospectus filed with the U.S. Securities and Exchange Commission (SEC) explains the fund will procure bitcoin exchange-traded products and futures. Vaneck’s Fund Will Invest in Bitcoin Futures and Pooled Investments Tied to the Leading Crypto […]

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Fund Manager Wisdomtree Files With SEC to List Ethereum ETF on Cboe BZX

Fund Manager Wisdomtree Files With SEC to List Ethereum ETF on Cboe BZXThe financial asset manager, Wisdomtree, is now the second institution to file for an ethereum-based exchange-traded fund (ETF), following Vaneck’s recent filing on May 7. The recently filed S-1 with the U.S. Securities and Exchange Commission (SEC) says the fund’s “investment objective is to gain exposure to the price of ether.” Wisdomtree Follows Vaneck’s Lead […]

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US SEC Has Brought 75 Enforcement Actions on Crypto Industry

US SEC Has Brought 75 Enforcement Actions on Crypto IndustryThe U.S. Securities and Exchange Commission (SEC) has brought 75 enforcement actions against companies and individuals in the crypto industry so far, according to a new report by Cornerstone Research. The agency also brought 19 trading suspension orders against digital asset market participants, and 43 were litigated in U.S. district courts. 75 Crypto Enforcement Actions […]

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Wealth Manager Vaneck Files Application for an Ethereum ETF, Aims for Cboe BZX Listing

Wealth Manager Vaneck Files Application for an Ethereum ETF, Aims for Cboe BZX ListingPublic documents show the wealth manager Vaneck has applied for an ethereum based exchange-traded fund (ETF). Vaneck Digital Assets’ Form S-1 filing with the Securities and Exchange Commission (SEC) was filed on May 7, while the company’s bitcoin-based ETF is still under review. While Waiting for Approval for Its Bitcoin ETF, Vaneck Files With the […]

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North America’s First Bitcoin ETF Now Holds Over 11,000 BTC

North America's First Bitcoin ETF Now Holds Over 11,000 BTCThe first bitcoin exchange-traded fund (ETF) in North America now holds over 11,000 bitcoins. Purpose Bitcoin ETF saw strong interest at launch. An ETF researcher explained that the surge in interest was evidence of some combination of pent-up demand, the price of bitcoin, and investors switching from other means of getting cryptocurrency exposure. First North […]

TRUMP dips after president admits ‘I don’t know much about it’