Auto Added by WPeMatico

Nasdaq Revises World’s Largest Asset Manager Blackrock’s Spot Ether ETF Proposal

On Wednesday, Nasdaq, the second-largest American stock exchange based in New York City, revised its 19b-4 filing for Blackrock’s spot ethereum exchange-traded fund (ETF) with the U.S. Securities and Exchange…

Continue ReadingNasdaq Revises World’s Largest Asset Manager Blackrock’s Spot Ether ETF Proposal

White House Opposes Crypto Bill FIT21 — Offers to Work With Congress on Balanced Framework for Digital Assets

The White House has issued a statement opposing the passage of the crypto bill Financial Innovation and Technology for the 21st Century (FIT21) Act ahead of the House vote today.…

Continue ReadingWhite House Opposes Crypto Bill FIT21 — Offers to Work With Congress on Balanced Framework for Digital Assets

Prospects of Ethereum ETFs Drive Grayscale Ethereum Trust’s NAV Discount to Lowest Since 2021

On May 21, with the potential approval of several spot ethereum exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC), Grayscale’s Ethereum Trust (ETHE) saw its discount to…

Continue ReadingProspects of Ethereum ETFs Drive Grayscale Ethereum Trust’s NAV Discount to Lowest Since 2021

SEC Chair Gensler Opposes Crypto Bill FIT21 Citing Regulatory Loopholes and Increased Risks to Public

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has strongly opposed the crypto bill Financial Innovation and Technology for the 21st Century (FIT21) Act ahead of the House vote.…

Continue ReadingSEC Chair Gensler Opposes Crypto Bill FIT21 Citing Regulatory Loopholes and Increased Risks to Public

Peter Schiff Anticipates Outflows From Bitcoin ETFs to Ethereum ETFs Following SEC Approval

Economist and gold bug Peter Schiff has cautioned that the approval of spot ethereum exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) could negatively impact spot bitcoin…

Continue ReadingPeter Schiff Anticipates Outflows From Bitcoin ETFs to Ethereum ETFs Following SEC Approval

SEC’s Regulatory Overreach Challenged in Court: Motion Filed to Vacate ‘Dealer’ Rule

Crypto Freedom Alliance of Texas and Blockchain Association filed a motion on May 17 to vacate the U.S. Securities and Exchange Commission (SEC)’s new Dealer Rule. The plaintiffs’ counsel argues…

Continue ReadingSEC’s Regulatory Overreach Challenged in Court: Motion Filed to Vacate ‘Dealer’ Rule

Report: Nasdaq and Cboe Asked to Refine Ethereum ETF Proposals

According to Reuters, sources revealed that the U.S. Securities and Exchange Commission (SEC) has requested Nasdaq and Cboe to “fine-tune” their spot ethereum exchange-traded fund proposals. Ethereum experienced a 22%…

Continue ReadingReport: Nasdaq and Cboe Asked to Refine Ethereum ETF Proposals

Analysts: SEC Could Begin Approval Process for Spot Ethereum ETFs Tomorrow

Bloomberg’s ETF analysts have explained that the U.S. Securities and Exchange Commission (SEC) could start the approval process for spot ethereum exchange-traded funds (ETFs) tomorrow. They noted that the securities…

Continue ReadingAnalysts: SEC Could Begin Approval Process for Spot Ethereum ETFs Tomorrow