Bernstein stated in a research report on Tuesday that following Ripple's favorable ruling last month, Grayscale, the management company of the Grayscale Bitcoin Trust Fund (GBTC), has achieved a second significant milestone victory in the cryptocurrency industry's lawsuit against the U.S. Securities and Exchange Commission (SEC). This ruling could pave the way for the approval of spot Bitcoin ETFs and increase the SEC's chances of approving all current applications together.
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Bernstein: Grayscale's victory over the US SEC paves the way for spot Bitcoin ETF approval
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Real Vision founder: I agree with Michael Saylor's view that BTC will become the base layer of multiple assets
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Court agrees to suspend appeal in Trump's classified documents case
on the 16th local time, the United States Federal Appeals Court approved Special Prosecutor Smith's request to suspend the appeal of the case involving U.S. President-elect Trump's confidential documents. This is part of Smith's gradual end to the two cases against Trump, as the U.S. Department of Justice has long-standing policy of prohibiting criminal prosecution of a sitting president. Since Trump won the 2024 U.S. presidential election and will assume the presidency in January 2025, Smith said he requested a suspension of the appeal "so that the government has time to assess this unprecedented situation and determine the appropriate path in line with the Department of Justice's policy." -
Economist: ETH/BTC fell to a more than two-year low after the US election, and its performance was more brutal than expected
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Cointime June 29th News Express
1. In the past 24 hours, the transaction volume of Pudgy Penguins was nearly 2 million US dollars, an increase of nearly 700% -
The US SEC has returned the S-1 form to the potential Ethereum ETF issuer with a few comments, asking it to fix the problem and resubmit.
The US Securities and Exchange Commission has returned the S-1 form to the potential Ethereum ETF issuer with some comments, asking them to address the issues and resubmit. Sources say that at least one more round of review is needed before these measures can take effect. The issuer has reportedly been asked to address these comments and resubmit before July 8th. Sources note that this will not be the final declaration after the form is returned, meaning that at least one more declaration is needed before the ETF can begin trading.
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