While China remains adamant about embracing digital assets, Hong Kong proudly showcases its friendly stance with the approval of several ETFs, strengthening its position as a digital asset hub.
Owing to the surging alt-coins and the ETF hype, Coinbase ended 2023 with a full-year profit of $95 million, a significant recovery from the $2.62 billion loss it incurred in 2022.
Kurt Wuckert Jr. kickstarts Season 4 of CoinGeek Weekly Livestream with an Ask Me Anything session, answering viewers' questions on mining, SegWit soft fork, CBDCs, and Bitcoin ETFs.
The U.S. securities regulator has approved BTC ETFs, including Grayscale and Bitwise, despite concerns, although market reaction tepid as fee competition heats up and Coinbase/Gemini secure custody roles amid ongoing SEC lawsuits.
Jim Cramer’s latest flip-flop was directed at Matrixport analyst Markus Thielen, who issued a report claiming that the U.S. SEC planned to “reject all proposals” for BTC spot-based ETF.
Google says that from January 29, 2024, companies offering crypto coin trusts in the U.S. can publish their ads but must be licensed and adhere to local laws.
The Financial Supervisory Commission is considering allowing a ‘crypto’ ETF, but it’s waiting to see how other markets develop, including the U.S. where a spot ETF is being weighed.
BTC has given back almost all of the gains from Grayscale’s victory over the SEC, where a federal court ordered the securities regulator to reconsider its decision to deny a proposed spot BTC ETP.
While the new filings may be seen as a hopeful sign of a spot BTC ETF possibly gaining an approval, a start remark from the SEC says otherwise.
Filecoin Trust is an investment vehicle owned by Grayscale which solely invests in the Filecoin digital asset, offering investors exposure to the underlying coin without owning it directly.
The SEC first shot down the ETF application by Ark and 21Shares in March 2022, and though they refiled in May, the regulator still shot it down.
Valkyrie becomes the latest digital asset company to initiate a job cut as it grapples with unpleasant market conditions, with CEO Leah Wald saying 30% of the firm's workforce will be terminated.
