
April 28th, 2025
The filing comes just weeks after it was reported that SafeMoon executives were at the centre of a Department of Justice (DoJ) securities fraud investigation.
While SEC Chair Gary Gensler acknowledged constructive dialogue in Bitcoin ETF applications, he also warned of persisting non-compliance issues in the crypto space.
DTCC data shows that the Wise Origin Bitcoin FD SHS is listed under the ticker BITB. Bitwise joins BlackRock, Invesco Galaxy, and Fidelity on the DTCC’s list.
Goldman believes that the Fed could begin rate cuts from the first quarter of next year as inflation hopefully falls.
The first reports said the SEC gave the green light but did not say “ETF”. This made people wonder if it was really an approval for a Bitcoin exchange-traded fund.
The revised spot Bitcoin ETF proposal from BlackRock provides access to banks, allowing them participate via broker-dealers.
BlackRock’s recent app update indicates their engagement with the SEC led by Gary Gensler on Dec. 11, marking the third meeting in a series held over the past few weeks.
Binance says it has agreed to a robust monitorship for its compliance and sanctions control programs.
As the SEC engages in detailed discussions with investment giants like BlackRock and Fidelity, the potential approval of a spot Bitcoin ETF seems to be moving closer to reality.
The inflation growth rate in the United States has significantly declined in the past two years thus the anticipated interest rate cuts in the second half of 2024.
The 6.5% plunge represents the largest single-day decline for Bitcoin in over a month, despite the asset’s overall growth of more than 12% in the past 30 days and an impressive 150% rally since January 1.
Despite Vanguard and State Street’s decision to abstain, the SEC is approaching a crucial deadline to announce its decision on the first Bitcoin ETF in early January.
The SEC has been asking prospective issuers to give well-detailed descriptions of their various spot Bitcoin ETF products.
The Republican presidential debate discussed several issues including regulation to protect the sector as well as safeguarding crypto users.
The Grayscale CEO said that they have engaged in meaningful conversations with the SEC, and the dialogue suggests that the regulator is eager to make the progress.