The SEC has postponed its decision on whether to approve or reject proposals for two bitcoin ETFs, the Franklin Bitcoin ETF and the Hashdex Bitcoin Futures ETF. Bloomberg ETF Analyst James Seyffart has suggested that the SEC may be preparing to approve a batch of bitcoin ETFs in early January by delaying decisions until now. The SEC has requested public comments on issues such as the potential for manipulation of the funds and underlying bitcoin markets. The final decision on whether to approve or reject the proposed rule change will be made by January 1, 2024, and interested parties have 21 days to submit initial comments to the SEC.
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
SEC Delays Decision on Bitcoin ETFs, Potentially Setting Up Approvals in January
-
Wechat scan to share
Recommended for you
-
Vivek Ramaswamy X's account was hacked, and the cooperation with USUAL was fake news
Vivek Ramaswamy, who co-leads the US government efficiency department with Musk, confirmed that his X account was hacked and false news about cooperation with USUAL was previously released. -
Binance Alpha announces first batch of projects: KOMA, Cheems, APX, ai16z, and AIXBT
according to official sources, Binance Alpha has announced its first batch of projects, which are: KOMA, Cheems, APX, ai16z, and AIXBT. -
ZachXBT: X platform account leakage may be related to the lack of 2FA security measures
blockchain detective ZachXBT wrote: "Recently, there have been many account leak incidents on X platform. I suspect that these accounts did not use secure keys or identity verification programs for 2FA." -
South Korea's Constitutional Court will hold its first hearing on the impeachment case of Yoon Seok-yeol on December 27
a spokesperson for the South Korean Constitutional Court stated that the court will hold its first hearing on the impeachment case of Yoon Seok-yeol on December 27th. (Jinshi) -
FASB's fair value accounting standard for Bitcoin officially takes effect today
On December 16th, according to The Bitcoin Historian, an editor at Bitcoin Magazine, the fair value accounting standards for Bitcoin by the Financial Accounting Standards Board (FASB) officially took effect. Previously, companies could only measure their held Bitcoin assets by historical cost and could not reflect their market value growth. The new standard allows companies to use fair value measurement methods to more accurately reflect the actual value of their Bitcoin assets, which will reduce accounting barriers for companies to include Bitcoin on their balance sheets. MicroStrategy founder Michael Saylor previously stated that FASB has officially passed fair value accounting rules for Bitcoin, which will apply to fiscal years beginning after December 15, 2024. This improvement will encourage companies to adopt Bitcoin as a reserve asset. -
Musk's lawyer accused the SEC of improper investigation of Musk and his affiliated companies and demanded that the source of the instructions be made public
On December 13th, Musk tweeted, "Gary Gensler, how could you do this to me?" along with a screenshot of an email from Musk's lawyer to Gary Gensler, the chairman of the US Securities and Exchange Commission (SEC). The email, sent by Quinn Emanuel law firm on behalf of Musk, strongly criticized the SEC's improper investigation of Musk and his affiliated companies. SEC commissioners have issued a final ultimatum to Musk to accept a settlement within 48 hours, or face multiple charges, claiming that this action was taken based on instructions from superiors. At the same time, the letter mentioned that the SEC has reopened its investigation into Neuralink, a company owned by Musk, indicating that the SEC's actions have gone beyond seeking the truth and instead are targeted behavior based on improper motives. -
The market value of the meme coin related to the murder suspect of the US insurance giant CEO has risen to 77 million US dollars
DL News, the suspect in the murder of UnitedHealthcare CEO Brian Thompson has attracted the attention of cryptocurrency users. After the insurance executive was murdered on December 4 and a large-scale search operation was launched by the police, bettors on the Polymarket cryptocurrency prediction platform invested $500,000. At the same time, the price of Meme coin related to the details of the search operation skyrocketed. A Meme coin named after the criminal suspect Luigi Mangione's name soared to a market value of $77 million, then fell to about $17 million (currently rising to $20.7 million). DL News stated that this Meme coin surge highlights the dark side of Meme culture. -
Cointime August 17th News Express
1.VanEck and 21Shares Solana ETF Form 19b-4 Suspected to be Removed from CBOE Website -
Asset Management Firm Franklin Templeton Files S-1 for New Crypto Index ETF
On August 17th, Franklin Templeton, an asset management company, is seeking to launch a new exchange-traded fund (ETF) that aims to be a one-stop-shop cryptocurrency investment portfolio, according to a document dated August 16th. The document states that the Franklin Crypto Index ETF will track the performance of the CF Benchmarks Digital Asset Index, which currently only includes Bitcoin and Ethereum. The document states that "the fund will achieve its investment objective by investing in digital assets with weights that are roughly similar to those of the underlying index," and that the ETF may hold other types of cryptocurrencies in the future. -
CSOP: Bitcoin futures ETF asset size exceeds HK$1 billion
Li Yilin, Senior Vice President of Sales and Product Strategy at Southern Dongying Asset Management, revealed that the mainstream investment market's acceptance of virtual asset-related products is increasing. Currently, the asset size of Southern Dongying Bitcoin Futures ETF has exceeded HKD 1 billion. In addition, the market is eagerly anticipating the listing of spot Ethereum ETF in the United States, which may drive up the prices of virtual assets. Southern Dongying has seen a continuous inflow of funds into Southern Dongying Bitcoin Futures ETF and Southern Dongying Ethereum Futures ETF.
Daily Must-Read
-
Uniswap Labs, UNI holders could make $468M a year from new L2: DeFi Report
-
Avalanche Foundation to buy back nearly 2M AVAX sold to Terra in 2022
-
Gold Fever Hits Costco: 77% of Stores Sell Out Amid Soaring Demand for Bullion
-
$500M Bitcoin Buried in Landfill: Man Sues City After Decade-Long Battle for Recovery
-
Former BAYC creative director Jeff Nicholas joins Meta’s Reality Labs
-
Why is Solana's Dogwifhat (WIF) memecoin crashing?
All Comments