VanEck's spot BTC ETF application remains in limbo as the SEC pushed back on its decision on whether or not to approve the digital assets, citing the market's susceptibility to manipulation.
In a recent speech, Hester Peirce claimed that the SEC has refused to engage with the Bitcoin industry and said it held the sector to an impossibly high standard.
The U.S. securities regulator approved Valkyrie's XBTO BTC Futures Fund to list on the Nasdaq Stock exchange as an ETF, stating that the application had met all its consumer protection requirements.
Samsung Assets Management Co., the investment arm of the South Korean conglomerate is set to list an exchange traded fund (ETF) that tracks blockchain firms in Hong Kong.
The U.S. securities regulator hasn’t changed its mind about BTC spot ETFs and insisted that the underlying market is still prone to fraud and price manipulation in its rejection.
Kookmin Bank plans to launch the exchange traded fund once there are regulations in place for such a product and that it will target retail investors.
The U.S. regulator is requesting for public feedback on the ETF application, which seeks to convert shares of the Grayscale Bitcoin Trust (GBTC) into a spot ETF, the first of its kind in the U.S. market.
The U.S. securities regulator denied the BTC spot ETF application by Fidelity Investments, the sixth rejection since November, with VanEck, Kryptoin, Valkyrie, and Skybridge Capital all failing their applications.
The U.S. Securities and Exchange Commission has rejected Cboe BZX’s application for a rule change, and also cited security concerns related to the BTC blockchain and other trading platforms.
The SEC has delayed its decision on the VanEck BTC Trust–a BTC ETF–by 45 days and is looking for public comments on the matter.
Blockchain startup SolidX Management has sued its former partner VanEck Securities Corporation of a breach of contract regarding a BTC exchange-traded fund.
Michael Saylor and MicroStrategy have taken up a lot of space in the news thanks to their aggressive accumulation of BTC, but as is often the case with digital asset hype, the red flags are too many to ignore.
