Asset management firm Empowered Funds has filed to list three Bitcoin Futures Exchange Traded Fund (ETF) products, with the primary advisor being Empowered Funds and sub-advisors being 21Shares and Ark Invest, aiming to attract institutional investors into the crypto market with regulatory oversight.
Crypto traders are eagerly awaiting a ruling on the Grayscale Trust vs SEC case, which may require the SEC to re-review the application for a spot Bitcoin ETF, potentially leading to a 240-day delay.
The US Court of Appeals has once again delayed its decision on whether Grayscale can convert its Bitcoin Trust into a spot Bitcoin exchange-traded fund (ETF), causing uncertainty and leaving investors waiting for clarity.
Investment firms ARK Invest and 21Shares have applied for two Ethereum futures exchange-traded funds following reports that the SEC may approve such applications, with one fund focused solely on Ethereum futures and the other including both Bitcoin and Ethereum futures.
BlackRock, the world's largest asset manager, has filed a proposal to establish a Bitcoin exchange-traded fund (ETF), which could increase mainstream acceptance of Bitcoin investing and open up new investment opportunities if approved by the U.S. Securities and Exchange Commission (SEC).
A series of Bitcoin Exchange Traded Fund (ETF) applications have been submitted to the SEC, potentially offering investors a more accessible way to invest in cryptocurrency and bridging the gap between traditional finance and digital assets.
The U.S. District of Columbia Court of Appeals will soon rule on whether the SEC wrongly rejected Grayscale Investments' application to list a bitcoin exchange-traded fund, which could impact the approval of other bitcoin ETFs.
Bitcoin and other cryptocurrencies surged after Grayscale Investments won a court decision, increasing the likelihood of the first spot Bitcoin exchange-traded fund (ETF).
Grayscale CEO Michael Sonnenshein celebrates the court victory over the SEC and anticipates converting Grayscale Bitcoin Trust into a Bitcoin ETF, potentially boosting crypto markets with billions in liquidity.
Asset managers ARK Invest and 21Shares have applied for regulatory approval for an exchange-traded fund (ETF) that would directly hold ether (ETH), the second largest cryptocurrency, with custody provided by Coinbase Custody Trust Company.
The race for the first spot Ethereum exchange-traded fund (ETF) in the United States has begun, with the Chicago Board Options Exchange filing 19b-4 applications for two Ethereum ETFs, and more filings are expected in the coming days, according to Bloomberg ETF analyst James Seyffart.
A court victory for Grayscale Bitcoin Trust may lead to its transformation into an exchange-traded fund, potentially providing a profitable opportunity for investors. However, the approval of the US Securities and Exchange Commission (SEC) remains uncertain, despite a recent favorable ruling.
Grayscale's spot bitcoin ETF review is likely to be approved, following the introduction of Europe's first spot Bitcoin exchange-traded fund, setting a precedent for the Securities and Exchange Commission to allow the conversion of the Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund.
A bipartisan group of lawmakers is urging the U.S. Securities and Exchange Commission (SEC) to approve bitcoin exchange traded funds (ETFs), arguing that the SEC should follow court rulings and cease efforts to block regulatory approval.
Four members of the United States Congress are urging SEC Chair Gary Gensler to approve the listing of spot Bitcoin exchange-traded funds (ETFs) immediately, claiming that the SEC is discriminating against such products despite legal precedent. They argue that spot BTC ETFs would provide increased investor protection and transparency.
The approval of a spot bitcoin ETF by the SEC could lead to the approval of a spot ether ETF as well, presenting a potentially greater opportunity for Grayscale's Ethereum Trust due to its larger discount and Ethereum's better upside as a leading platform for Web3 development.
The United States Securities and Exchange Commission (SEC) has postponed its decision on approving spot Ether exchange-traded fund (ETF) applications from ARK 21Shares and VanEck, extending the deadline to December 25 and December 26 respectively, while the New York Stock Exchange Arca and Cboe BZX Exchange also filed proposed rule changes for various crypto ETFs on September 27.
The first day of trading for futures-based ether exchange-traded funds (ETFs) was lackluster, with low trading volume compared to previous bitcoin ETF launches. Additionally, Grayscale Investments has filed for approval to convert its Ethereum trust into a spot Ethereum ETF, aiming to offer investors regulated access to crypto. Meanwhile, former FTX exchange boss Sam Bankman-Fried is attempting to prevent certain witnesses from testifying in his fraud trial.
The recent filing for a spot Ethereum exchange-traded fund (ETF) in the United States by ARK Invest marks a turning point in the integration of digital assets into traditional finance, signaling the dawn of institutional liquid staking and the need for regulatory approval for mainstream adoption.
Cathie Wood's Ark Invest has filed a second amended application for a Bitcoin spot exchange-traded fund (ETF), addressing additional risk warnings associated with the Bitcoin network and ensuring that assets are kept separate from corporate or customer funds, indicating progress towards the approval of the industry's first spot Bitcoin ETF.
The U.S. Securities and Exchange Commission (SEC) reportedly has no plans to appeal a court decision in favor of Grayscale Investments, requiring the SEC to review the firm's spot Bitcoin exchange-traded fund (ETF) application, although this does not necessarily mean the application will be approved.
The U.S. Securities and Exchange Commission (SEC) will not appeal a court ruling that directs it to reconsider Grayscale's application to launch a Bitcoin ETF, potentially opening the door for such products to be approved and allowing investors to gain exposure to Bitcoin without owning it directly.
ARK Invest CEO Cathie Wood believes that the Chair of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, is blocking a spot market Bitcoin exchange-traded fund (ETF) despite the agency's knowledge and understanding of Bitcoin. Wood suggests that multiple spot Bitcoin ETFs may be approved in the future.
Grayscale and the crypto industry are considering their next steps after the U.S. SEC failed to appeal a court loss over Grayscale's application for a Bitcoin Trust (GBTC) spot ETF, with Grayscale stating it remains ready to convert GBTC into an ETF upon approval.
A cryptocurrency exchange-traded fund (ETF) is expected to launch soon, but caution is advised as the market may have already factored in potential gains.
The U.S. Securities and Exchange Commission (SEC) is exhibiting a change in attitude towards ARK Invest's application for a Bitcoin exchange-traded fund (ETF), engaging in a healthy exchange of information and potentially bringing institutional interest into Bitcoin once approved.
Grayscale Investments has filed a new registration statement with the SEC for a spot Bitcoin ETF, as part of its ongoing efforts to convert its Grayscale Bitcoin Trust into an ETF.
Summary: Grayscale has filed an application with the SEC to secure approval for its Grayscale Bitcoin Trust to operate as a spot Bitcoin ETF listed on the NYSE, while also facing a lawsuit that could complicate its listing efforts.
