The SEC’s postponement of the Invesco Galaxy Ethereum ETF decision reflects ongoing regulatory scrutiny, while May 23rd retains importance for VanEck’s application. More delays for other Ethereum spot ETFs are expected in the coming months.
The SEC’s new rule tightens its grip on the crypto market by requiring significant market makers, including those dealing with cryptocurrencies, to comply with federal securities laws. This move has implications for transparency, investor protection, and the evolving DeFi landscape.
Standard Chartered Bank has predicted a surge in the price of Ethereum (ETH) in the coming months, with expectations of reaching $4,000 by May. The bank’s research team believes that the approval of spot-based Ethereum ETFs in the United States will be a key driver for this increase.
Ivan Turogin and Sergei Potapenko, the minds behind a massive $575 million cryptocurrency Ponzi scheme, will face justice in the United States after Estonia approved…
In a move that will disappoint supporters of Ethereum ETFs, the US Securities and Exchange Commission (SEC) has deferred its decision on BlackRock’s proposed spot Ethereum ETF until March. This development pushes back the timeline for potential approval, leaving the industry in limbo for another two months.
In a reiteration of his previous remarks, SEC Chair Gary Gensler has maintained a cautious stance on Ethereum Exchange Traded Funds (ETFs). Responding to inquiries about potential ETH ETF approvals, Gensler emphasized that the recent greenlighting of Bitcoin ETFs should not be misconstrued as broader acceptance of cryptocurrency products.
In a double blow to proponents of Ethereum ETFs, the US Securities and Exchange Commission (SEC) has postponed its decisions on both Grayscale Investments’ ETHE trust conversion and BlackRock’s proposed spot Ethereum ETF. This leaves the Ethereum ETF landscape shrouded in uncertainty, with investors and industry players eager for any sign of progress.
Ripple Labs Inc. files a sur-reply motion to counter the SEC’s claims in the XRP lawsuit. The motion addresses the inaccuracies presented by the SEC and adds more intensity to the heated case.
The legal battle between Binance and the U.S. Securities and Exchange Commission (SEC) heated up during a four-hour oral argument session in Washington District Court. Both sides presented their cases before Judge Amy Berman Jackson, with notable moments of tension and frustration emerging.
Ripple’s hopes for a BlackRock-backed XRP exchange-traded fund (ETF) seem to be dashed, as senior Fox Business reporter Charles Gasparino cites insider sources reporting that BlackRock has no intention of launching such a product. The decision underlines the persistent regulatory cloud hanging over XRP and its ongoing legal battle with the US Securities and Exchange Commission (SEC).