Grayscale Accumulates $5 Billion Worth of Ethereum, Nears Launch of Spot Bitcoin ETF
According to a report by Arkham Intelligence, Grayscale has amassed approximately $5 billion worth of Ethereum, making it the second-largest Ethereum entity in the world. Grayscale's Ethereum Trust Fund is one of the top-rated crypto funds in the industry.
Former SEC Chairman: Approval of spot Bitcoin ETF is inevitable
According to an interview with CNBC, former SEC Chairman Jay Clayton stated that approving a Bitcoin ETF is inevitable.
A whale has sold 18,000 ETH after SEC delayed decision on Bitcoin ETF
After the US Securities and Exchange Commission postponed its decision on Bitcoin ETF, a whale sold 18,000 ETH (worth $29.4 million) on the blockchain. The whale received these ETH in July when the price was around $1850. Currently, the whale still holds 4000 ETH (worth $6.5 million).
SEC Delays Decision on Bitcoin Spot ETF Applications, Crypto Market Falls
The SEC has postponed its decision on six Bitcoin Spot ETF applications for another 45 days, pushing the decision to October. The delay is disappointing for the crypto industry, which was hoping for a positive outcome. A Bitcoin Spot ETF would provide greater liquidity and transparency to the market. The delay has caused the price of Bitcoin to drop by 5% in the last 24 hours, leading some traders to view it as an opportunity to accumulate at a lower price, while others are taking a more cautious approach. It is important to consider individual risk tolerance and investment goals when deciding whether to invest during this period.
SEC Delays All Seven Spot Bitcoin ETF Applications from BlackRock, Invesco, WisdomTree, and Others
The U.S. Securities and Exchange Commission (SEC) has delayed the filing of all seven spot Bitcoin ETF applications from BlackRock, Invesco, WisdomTree, and others. This delay was expected due to the SEC's recent struggles with Grayscale's victory earlier this year. The SEC has defended its rejection of ETF proposals as a measure to protect investors from potential fraud in the industry.
Bitcoin Sheds Gains From Grayscale Court Victory As SEC Delays ETF Decisions
Bitcoin has lost almost all of the gains it made after Grayscale Investment's court victory against the US Securities regulator, with its price falling nearly 5% in the last 24 hours. The SEC's recent delay to seven pending spot Bitcoin ETF applications has caused the decline, despite some analysts predicting the delays.
U.S. SEC Delays Approval of Spot Bitcoin ETFs From BlackRock, Fidelity and Other Companies
September 1st, according to The Block, the U.S. Securities and Exchange Commission (SEC) stated on Thursday that it will delay its approval decision on seven recent proposals for spot Bitcoin ETFs as the agency is reviewing the application files.
The SEC has postponed the filing of 7 Bitcoin ETFs including BlackRock today
As of the time of publication, the US SEC has made delayed decisions on 7 Bitcoin ETF filings, which come from WisdomTree, Invesco, Valkyrie, Bitwise, VanEck, Fidelity, and BlackRock.
SEC Has Delayed Approval Resolution on WisdomTree Spot Bitcoin ETF
Bloomberg financial analyst James Seyffart posted on social media that the SEC has delayed its decision on whether to approve the listing of WisdomTree's spot Bitcoin ETF.
Binance Gets Expert Attorney Against the US SEC as SEC Seeks Secret Filing in Lawsuit
Binance.US has been granted a new attorney, Andrew Rhys Davies, in its ongoing lawsuit with the US Securities and Exchange Commission (SEC). The SEC is seeking to file a document under seal, which experts suggest could relate to money laundering allegations or other potential criminal conduct.
