Crypto exchange FTX gets nod to sell $873M of assets to repay creditors
Nearly $700 million of the $873 million trust assets allowed to be sold by FTX comes from Grayscale’s flagship product, the Grayscale Bitcoin Trust, or GBTC.
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Nearly $700 million of the $873 million trust assets allowed to be sold by FTX comes from Grayscale’s flagship product, the Grayscale Bitcoin Trust, or GBTC.
Bloomberg ETF analyst Eric Balchunas doubts the SEC will deny ETFs after XRP’s price spiked on a faked BlackRock XRP trust filing, but it is a “bad look.”
FTX Foundation employee Ross Rheingans-Yoo said he was not part of Sam Bankman-Fried’s “inner circle” and knew nothing about FTX’s fraud.
Earlier in the day, BlackRock registered corporate entity “iShares Ethereum Trust” in Delaware, the first hint that a filing for a spot Ethereum ETF filing was imminent.
ARK Invest and 21Shares amended spot Bitcoin ETF filing seemingly addresses earlier concerns highlighted by the SEC, which is a good sign of progress, according to Bloomberg's ETF analysts.
Once Ethereum futures ETF and spot Bitcoin ETF applications get approved, there will be a marketing war like we've never seen says, Bloomberg ETF analyst Eric Balchunas.
Known as the Hashdex Nasdaq Ethereum ETF, this investment fund is the first filing for futures and spot Ether holdings under the ‘33 Act and is overseen and supervised by…
Grayscale's ETF was previously knocked back by the SEC and it wants it and competing ETFs approved together so none have an advantage.
BlackRock’s commitment to advancing its crypto efforts only lends to the validity of Bitcoin as an asset class, said Michael Sonnenshein.
The surveillance-sharing agreements are a measure recommended by the SEC in March, which says they can prevent fraud and protect investors.