Wisdomtree Files ETF With 5% Bitcoin Exposure Amid SEC Resistance

Wisdomtree Files ETF With 5% Bitcoin Exposure Amid SEC ResistanceWisdomtree has filed for a commodity fund with 5% exposure to bitcoin, in a fresh attempt to bring an exchange-traded fund (ETF) backed by the benchmark cryptocurrency to the market. According to a filing with the U.S. Securities and Exchange Commission (SEC), the fund is targeting to invest mainly in energy, industrial metals, precious metals, […]

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Market Update: Traders ‘Buck the Trend’ Pushing Crypto Market Cap Above $200 Billion

Market Update: Traders ‘Buck the Trend’ Pushing Crypto Market Cap Above $200 BillionDigital currency markets have been rising again as the entire market capitalization of all 5,000+ coins has jumped above the $200 billion mark. The increase in crypto trade volume and coin values has followed alongside the recovery traditional equity markets saw on Monday. On Tuesday, most of the digital assets in the top ten are […]

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SEC to Boost Access to Crypto Investments With Proposed New Accredited Investor Definition

SEC to Boost Access to Crypto Investments With Proposed New Accredited Investor DefinitionThe U.S. Securities and Exchange Commission (SEC) has proposed amending the definition of “accredited investor” — a move that will increase access to regulated cryptocurrency investments. A number of them are currently only available to accredited investors. Among other changes, a person can qualify based on professional knowledge, experience, or certifications. Also read: Lagarde Sees […]

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SEC Wants Second Look at Bitwise Bitcoin ETF Proposal

SEC Wants Second Look at Bitwise Bitcoin ETF ProposalThe U.S. Securities and Exchange Commission (SEC) is reviewing its order issued last week pertaining to a rejected proposal for a bitcoin exchange-traded fund (ETF). The proposal was filed by NYSE Arca for the Bitwise Bitcoin ETF Trust. Meanwhile, the SEC is also evaluating a proposed rule change for a different type of bitcoin ETF. […]

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SEC Rejects Another High-Profile Bitcoin ETF Proposal

SEC Rejects Another High-Profile Bitcoin ETF ProposalAnother high-profile proposal for a bitcoin exchange-traded fund (ETF) has been denied by the U.S. Securities and Exchange Commission (SEC). The agency, however, emphasized that the disapproval was not based on whether bitcoin has utility or value as an innovation or an investment. Shares of the Bitwise Bitcoin ETF Trust were to be listed on […]

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7 Crypto ETPs Now Trading on Main Swiss Stock Exchange

7 Crypto ETPs Now Trading on Main Swiss Stock ExchangeSwitzerland’s principal stock exchange now has seven cryptocurrency exchange-traded products (ETPs) listed. They allow investors to either gain exposure to individual cryptocurrencies or invest in portfolios of top cryptocurrencies. Four ETPs track the prices of single cryptocurrencies. Also read: New Evidence Escalates Panic as RBI Still Limits Bank Withdrawals Crypto Index in Swiss Franc MV […]

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Bitcoin ETF: How SEC Exemptions Help Firms Offer Interim Products

Bitcoin ETF: How SEC Exemptions Help Firms Offer Interim ProductsThere are several exemptions the U.S. Securities and Exchange Commission (SEC) offers that allow companies to launch their bitcoin investment products without registration. While waiting for the SEC to approve their bitcoin ETF, some firms have taken advantage of these exemptions to offer an interim product. Also read: Indian Government’s New Report Views Crypto Positively […]

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