In November, the commission separately met with representatives of BlackRock and Grayscale to discuss their spot crypto exchange-traded funds.
Category: Investments
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Cathie Wood’s ARK dumps 237K Coinbase shares at $140 per stock
The latest Coinbase sale by ARK is one of its largest daily COIN sales in 2023, third only to two massive sales in July.
SEC pushes deadline to decide on Grayscale spot Ethereum ETF
The commission said it will have until January 2024 to reach a decision on the spot Ethereum investment vehicle, or institute proceedings to extend the deadline again.
ByBit sees BTC, ETH ‘flight’ of institutional investors to stablecoins – but not for long
Cryptocurrency exchange ByBit has released its latest quarterly report revealing trading and holding trends of its institutional traders heavy in Bitcoin positive sentiment.
UK House of Commons recommends further CBDC tests on viability, risks
The U.K. Parliamentary Committee fears that an official launch will demand a significant investment, adding that “It is not clear to us at this stage whether the benefits are likely to outweigh these risks.”
KuCoin pledges $20K grant to TON Foundation for ecosystem development
The funding will support TON ecosystem projects, research and development efforts, community-building and marketing activities.
SEC solicits comments on Fidelity’s spot Ether ETF application
“Interested persons” will have 21 days to comment on a proposed rule change allowing the Cboe BZX Exchange to list and trade shares of the Fidelity Ethereum Fund.
Bitcoin for Christmas: MicroStrategy buys another $600M
The firm reported it held 174,530 Bitcoin as of Nov. 29 — worth roughly $6.6 billion at a price of $37,726.
Cathie Wood’s ARK buys $1.5M SOFI shares as SoFi exits crypto
Cathie Wood’s ARK has been actively accumulating shares of SoFi, which announced plans to terminate crypto services by the end of 2023.
Crypto ownership in Canada slips in 2023, but average value of holdings rose
Only 34% of Canadians still believe that crypto “will play a key role in the future,” though the number of those able to give a basic definition of digital currencies has risen slightly.