The SEC has received applications for Bitcoin ETFs from several companies, including Fidelity, VanEck, WisdomTree, Invesco, and BlackRock. This is a step forward in the process of approving ETFs, but it doesn't mean they will be approved. The SEC will now have 240 days to make decisions and the public can provide comments. The SEC has been cautious about approving BTC ETFs due to worries about price manipulation, but collaborations with Coinbase are addressing these concerns and increasing the chance of approval.
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Bitcoin ETF Applications Flood SEC, Collaboration with Coinbase Boosts Approval Prospects
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Bybit Receives In-Principle Approval to Establish Virtual Asset Platform in the United Arab Emirates
Bybit, the world's second-largest cryptocurrency exchange by trading volume, has announced that it has received In-Principle Approval (IPA) from the Securities & Commodities Authority (SCA) of the United Arab Emirates (UAE) to operate as a Virtual Asset Platform Operator in the UAE. The approval, dated February 18, 2025, signifies a significant milestone in Bybit's efforts to provide a secure and compliant platform for crypto traders in the region. Bybit is now in the final stages of obtaining its fully operational license, demonstrating its commitment to meeting regulatory and compliance standards. This authorization brings Bybit closer to offering a wide range of digital asset services to retail and institutional clients in the UAE, aligning with its goal of fostering a compliant and innovative digital asset ecosystem. Bybit's progress in the UAE complements its existing regulatory approvals in the Middle East and reflects its dedication to compliance in key financial hubs worldwide. -
Trump: Plans to impose 25% tariffs on Canadian and Mexican goods starting February 1
On January 30th local time, US President Trump stated that he plans to fulfill his promise of imposing a 25% tariff on imported goods from Mexico and Canada on February 1st, and will decide whether to include oil in the list of goods subject to tariffs on the evening of January 30th. On January 20th, when signing a series of executive orders in the Oval Office of the White House, Trump told the media that he is considering imposing a 25% tariff on Mexico and Canada, and the tax may be implemented from February 1st this year. (CCTV News) -
Arresters of South Korean President Yoon Seok-yeol clash with guards
after attempting to arrest President Yoon Suk-yeol, Korean senior government officials from the Crime Investigation Department (CID) had a confrontation and physical conflict with security personnel inside the presidential residence today (January 3). The arresting officers have already passed through the main gate of the residence, but have not yet entered the building where Yoon Suk-yeol is located. -
Yesterday, Fidelity FBTC had a net inflow of $61.3 million and FETH had a net inflow of $7.2 million
According to Farside Investors data, yesterday Fidelity FBTC had a net inflow of $61.3 million, and FETH had a net inflow of $7.2 million. -
Cointime August 4 News Express
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Trump pledges to fire SEC Chair Gary Gensler ‘on day one’ if reelected
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Cointime June 29th News Express
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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. -
HODL15Capital: Fidelity FBTC has experienced net outflows for 6 consecutive trading days
According to HODL15Capital, Fidelity FBTC had a net outflow of $45 million yesterday and has seen net outflows for six consecutive trading days.
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