Tag: ETFs

Ether Cryptocurrency ETFs Are Approved by the SEC – The New York Times

Federal regulators on Thursday approved an investment product tied to the cryptocurrency Ether, the most valuable digital asset after Bitcoin, in a major boost for the crypto industry. The Securities and Exchange Commission said a group of exchanges could begin listing investment products known as exchange-traded funds, or E.T.F.s, linked to the price of Ether. The products would offer an…

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Gensler says SEC’s approval of spot bitcoin ETFs in January was ‘cabined’ | The Block

Securities and Exchange Commission Chair Gary Gensler suggested Wednesday that the regulator’s decision to approve spot bitcoin ETFs shouldn’t necessarily signal how it might respond to Ethereum in the future. “What we did in January was cabined to one set of filings,” Gensler in an interview with CNBC “We have other filings… in front of us, but I’m not going…

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It’s Deadline Day for an SEC Decision on Spot Bitcoin ETFs. Here’s What to Watch.

Today could be the day. The Securities and Exchange Commission faces a final deadline Wednesday to rule on at least one of 11 applications for exchange-traded funds that hold bitcoin. The decision is long awaited by cryptocurrency watchers—and the prospect that some or all of the applications will be approved has lately been seen as bullish for bitcoin. There was…

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Fake Bitcoin ETF Approval Post Raises Doubts Around SEC’s Cybersecurity

The Securities and Exchange Commission (SEC) did not employ basic security measures on its X (formerly Twitter) account when it was “compromised” to spread false bitcoin ETF news, according to the social media company. Late Tuesday, X’s Safety team said it had completed its “preliminary investigation” into the SEC’s market-moving, false post on approval of bitcoin ETF applications, which the…

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BlackRock Bitcoin ETF – Bloomberg

One easily imaginable but also kind of weird future for crypto would be: Bitcoin, and I guess Ethereum, are respectable and fully domesticated parts of the traditional financial system. Big asset managers, managing money for pension funds or college endowments or insurance companies or your 401(k), buy billions of dollars of Bitcoin by calling up their sales coverage at Goldman Sachs…

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