New York, Monday, January 22, 20245- In an unexpected twist in the cryptocurrency market, collapsed hedge fund Alameda Research abandoned its lawsuit against Bitcoin fund manager Grayscale, reports said. This resulted in Grayscale shares rising and igniting concerns about a potential Bitcoin price dive. Alameda and Grayscale were locked in a legal battle over the […]

The US Securities and Exchange Commission (SEC) is now seriously and closely looking at the crypto space following the recent surge of applications from asset managers aiming to launch the first-ever US Exchange-Traded Fund (ETF) that directly invests in Bitcoin. The SEC has expressed concerns over the lack of clarity in these applications and has […]

On June 15, 2023, BlackRock’s application for SEC approval of a spot Bitcoin ETF set a pivotal precedent, inspiring numerous other financial institutions to follow suit and resubmit their own applications for similar offerings.The first part of this article Bitcoin ETF: Its Journey Ahead, provides a comprehensive overview of BlackRock, Howey Theory, the SEC, and […]

Catenaa, Wednesday, November 20, 2024- BlackRock’s iShares Bitcoin Trust (IBIT) saw an unprecedented $1.9 billion in notional exposure traded on its first day of options trading, contributing to a surge in Bitcoin’s price, which hit a new all-time high of $93,900 yesterday (Tuesday 19).  The launch of options trading for the spot Bitcoin ETF marked […]

Catenaa, Thursday, December 05, 2024- BlackRock’s IBIT Bitcoin ETF has achieved a historic milestone, surpassing 500,000 BTC in assets under management (AUM) with a valuation of $48 billion. This marks a significant achievement in the ETF’s trajectory, having launched less than a year ago on January 11, 2024.  Data from K33 reveals that $338.3 million […]

RIO DE JANEIRO, Friday, August 23, 2024- Brazil’s Securities and Exchange Commission (CVM) has approved on August 21, the country’s second Solana exchange-traded fund (ETF), bolstering its position as a leader in Latin America’s crypto investment landscape. The new ETF, set to be launched by asset manager Hashdex in collaboration with BTG Pactual, follows the […]

Shanghai, China, Wednesday, January 10, 2024 – The influence of China’s “national team” of State-affiliated institutions in the country’s ETF market appears to be growing, with fresh evidence of their buying activity extending beyond their traditional core players. Reports said that this trend was raising questions about the motives behind these purchases and their potential […]

NEW YORK, NY, Monday, April 8, 2024- Blockchain software company Consensys is disputing the U.S. Securities and Exchange Commission’s (SEC) concerns regarding spot Ether exchange-traded funds (ETFs). In a recent comment letter submitted to the regulatory agency, Consensys addressed the SEC’s inquiries about potential fraud and manipulation risks associated with Ethereum’s proof-of-stake (PoS) system,  particularly […]

New York, NY, Monday, February, 19, 2024 – With the recent approval of Bitcoin spot exchange-traded funds (ETFs) in the United States many reports said that the next potential could be Ethereum spot ETFs by as early as May 2024. Industry experts speculate that approval could potentially happen as early as May 2024, building upon […]

New York, NY, Monday, February 19, 2024 – Prominent investment firm Franklin Templeton filed an application with the Securities and Exchange Commission (SEC) for the “Franklin Ethereum Trust.” This move follows the recent approval of Bitcoin spot ETFs in the US. Franklin Templeton , manages over $1.4 trillion in assets If approved, the “Franklin Ethereum […]

Stamford, Connecticut Tuesday, February 13, 2024 – Grayscale Investments CEO Michael Sonnenshein urged regulators on Monday, February 5, to swiftly approve exchange-traded fund (ETF) options for Bitcoin spot assets, highlighting their potential benefits for investors and price discovery. In an X post, Sonnenshein argued that listed options on Bitcoin spot ETFs would “equip investors with […]

Washington, Thursday, September 07: In a recent development, a three-member panel from the United States Court of Appeals for the District of Columbia Circuit delivered a verdict on Tuesday, September 5th, asserting that the Securities and Exchange Commission (SEC) had erred in its decision to deny Grayscale Investments’ request for the listing of an Exchange-Traded […]

HONG KONG, Friday, July 26, 2024-Hong Kong introduced Asia’s first Bitcoin futures inverse product on July 23, offering investors a way to profit from declines in the cryptocurrency’s price. The CSOP Bitcoin Futures Daily (-1x) Inverse Product, issued by China Southern Asset Management Co., will track the inverse daily performance of the S&P Bitcoin Futures […]

Catenaa, Wednesday, November 20, 2024- Options trading for BlackRock’s iShares Bitcoin Trust (IBIT) is set to begin today on Nasdaq, with Bitwise Bitcoin ETF options scheduled to follow on Wednesday. This significant milestone is expected to amplify institutional interest in cryptocurrency markets, as options trading for Bitcoin exchange-traded funds (ETFs) becomes a reality.  The US […]

Stamford, Connecticut, Tuesday, March 12, 2024 – Grayscale Investments, the company behind the world’s largest Bitcoin exchange-traded fund (ETF), announced on March 4 the launch of a new cryptocurrency product, the Grayscale Dynamic Income Fund (GDIF). It said the GDIF is a first-of-its-kind actively managed fund for Grayscale, focusing on staking rewards from various Proof-of-Stake […]

WASHINGTON, Monday, April 29, 2024- The U.S. Securities and Exchange Commission (SEC) has postponed its decisions on proposals for spot Ethereum exchange-traded funds (ETFs) submitted by Grayscale Investments and Franklin Templeton. This marks the latest development in the ongoing saga of approving a US-based ETF directly tied to the world’s second-largest cryptocurrency. The SEC had […]

Washington, DC, Wednesday, January 10, 2024 – Amidst great anticipation the US Securities and Exchange Commission (SEC) today (Wednesday, January 10, 2024) approved the listing and trading of multiple Spot Bitcoin exchange-traded products (ETPs), marking a milestone for the cryptocurrency market. The decision comes after years of SEC resistance to Bitcoin ETFs, with Chair Gary […]

NEW YORK, September 29 — Valkyrie Funds, one of the companies seeking to launch Ethereum ETF in the United States, said it has halted its purchase of ETH futures contracts. The company shared its decision on Friday, September 29, 2023, through a filing with the Securities and Exchange Commission. However, the filing did not offer […]

Following the SEC’s conclusion that Ethereum is not a security, the prospect of a Spot Ethereum ETF approval by “the end of summer” has sent ripples of excitement through the cryptocurrency world. The regulatory stance marks a positive step forward, paving the way for Ethereum to enter the mainstream financial arena. ETFs have gained immense […]