SEC Acknowledges First Post-Ethereum Altcoin ETF: Canary Capital's Litecoin Filing
The SEC's formal acknowledgment of Canary Capital's Litecoin ETF application sets a 240-day review timeline, marking a significant milestone for altcoin ETFs. The development, which triggered a 12% LTC price surge, could serve as a benchmark for future altcoin ETF approvals.
SEC's Ripple Case Takes New Turn as Bitcoin Surges Past $100K
The cryptocurrency world watches closely as Ripple-related litigation information vanishes from the SEC website, sparking speculation about potential appeal withdrawal. The development coincides with a crucial closed SEC meeting and comes as XRP maintains stability at $3.05 while Bitcoin trades above $100K.
Grayscale Unveils Bitcoin-Focused Company ETF Strategy Amid Growing Institutional Interest
Grayscale Investments seeks SEC approval for a novel Bitcoin Adapters ETF targeting companies with significant Bitcoin holdings. The fund aims to invest primarily in firms maintaining billion-dollar Bitcoin reserves, with MicroStrategy emerging as a key potential component.
Investment Giants Rush to File Crypto ETFs as SEC Leadership Changes
Major investment firms flood SEC with new cryptocurrency ETF proposals following Gary Gensler's departure as Chairman. CoinShares, Grayscale, and others seek to launch diverse crypto products amid anticipated regulatory shifts under new leadership.
SEC's Game-Changing Move: Banks Get Green Light for Crypto Custody Services
The SEC's reversal of SAB 121 marks a pivotal shift in cryptocurrency regulation, allowing U.S. banks to offer crypto custody services with reduced capital requirements. This regulatory evolution, coupled with leadership changes and industry support, signals a more accommodating approach to digital asset integration in mainstream finance.
Nasdaq Seeks SEC Approval for Direct Bitcoin Transfers in BlackRock ETF
Nasdaq has filed an amended proposal with the SEC to enable in-kind Bitcoin redemptions for BlackRock's iShares Bitcoin ETF. This change would allow direct Bitcoin transfers to investors during redemptions, offering an alternative to the current cash-only model while potentially reducing tax implications.
Bitcoin ETF Enthusiasm Cools as Daily Inflows Drop 69% Amid Price Decline
Spot Bitcoin ETF inflows decreased significantly to $248.65 million as BTC retreated to $102,000, with BlackRock's IBIT fund being the only major gainer. Meanwhile, the SEC forms a new crypto task force that could pave the way for broader crypto ETF approvals.
XRP Surges to Historic $3.39 as Trump's Election Victory Reshapes Crypto Landscape
Ripple's XRP cryptocurrency has shattered its previous record, reaching $3.39 amid growing institutional interest and anticipated regulatory changes. The surge follows years of SEC-induced suppression and coincides with Trump's election victory, promising a more crypto-friendly regulatory environment.
SEC Chair Gensler's Final Stance: Bitcoin Stands Apart from 'Non-Compliant' Crypto Industry
In his final days as SEC Chairman, Gary Gensler maintains his hardline position on cryptocurrency regulation while specifically exempting Bitcoin from criticism. His departure marks a potential shift in SEC's regulatory approach, though industry challenges remain.
SEC Chair Gensler's Final Warning: XRP and Most Crypto Projects Face Uncertain Future
Outgoing SEC Chairman Gary Gensler delivers a sobering assessment of cryptocurrency projects, warning of high failure rates due to regulatory challenges and lack of fundamental value. His aggressive enforcement strategy targeting major players like Coinbase and Ripple could shift as leadership changes hands at the SEC.