Cathie Wood led ARK Investment Management has proposed an Ether spot ETF. This is in light of the U.S SEC’s decision to postpone ARK’s spot Bitcoin ETF. On September 6th, ARK Invest and 21Shares filed with the SEC to have their spot Ether ETF listed on the Cboe BZX Exchange.
Ethereum price has declined over the last week as the market struggles with persistent macroeconomic uncertainties and prolonged delays in the approval of spot ETFs. According to on-chain data, whales are quite active during this severe market downturn. Ali Martinez, a prominent crypto researcher, recently shared that in only 24
Bitwise, a prominent provider of cryptocurrency investment solutions, has officially withdrawn its application for the Bitcoin and Ethereum Market Cap Strategy and Exchange-Traded Fund (ETF). The decision has left investors and industry observers puzzled, as it comes one day after Bitwise’s Chief Investment Officer, Matt Hougan, publicly vouched for the
As we find ourselves in the final month of Q4 this year, it’s crucial to reflect on the past months, marked by extreme volatility and a series of significant events. The year began by recovering from the FTX collapse, witnessed the Memecoin hype season in Q2, faced SEC regulatory challenges
After Grayscale’s recent success over the SEC, Bloomberg analysts have increased the likelihood of a permitted spot Bitcoin ETF by the end of this year. Due to the unanimous and decisive manner in which the U.S Court of Appeals Circuit reached its verdict in the current case, Bloomberg senior ETF
Grayscale’s recent win against the United States SEC in its fight to convert its Grayscale Bitcoin Trust (GBTC) to a spot Bitcoin ETF was significant. Since July 2021, shares of Grayscale Bitcoin Trust rose the highest on Tuesday. August 29 saw a 17% increase in the price of GBTC shares,
In the midst of a bear market, a glimmer of hope emerges with recent news regarding Grayscale Investments, a crypto asset manager. It has achieved a significant victory against the United States Securities and Exchange Commission (SEC) in its pursuit to transform the Grayscale Bitcoin Trust (GBTC) into a publicly
Grayscale prevailed against the U.S SEC in a historic ruling over the conversion of the Grayscale Bitcoin Trust to a spot Bitcoin ETF in a lawsuit. The Grayscale legal win might be a crucial step toward getting the first ever spot Bitcoin ETF authorized in the United States, especially in
Douro Labs Joins Network to Work on Perseus Upgrade as well as Permissionless Mainnet with Token-Led Governance PORTO, Portugal–(BUSINESS WIRE)–Douro Labs, a software development company dedicated to advancing the Pyth Network, officially launches today and is excited to be joining the network as the latest core contributor. The Pyth Data
Amidst a crypto market dominated by bears, the global cryptocurrency market cap stands strong at $1.09 trillion. In the past 24 hours, a minor surge of 0.27% has occurred, reflecting a notable shift of 6.62% from a year ago. While Bitcoin (BTC) asserts its authority with a market cap of
