SEC reportedly knocks back Valkyrie’s leveraged Bitcoin ETF
The SEC does not appear to have the appetite for more exotic Bitcoin futures products. Go to Source Powered by WPeMatico
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New Bitcoin ETFs filed: One for bears, the other with ‘leverage for ants’
ETF issuers are getting creative with two new filings for inverse and leveraged funds. Go to Source Powered by WPeMatico
SEC expected to head U.S. stablecoin regulation and enforcement
The report is also expected to clarify the regulatory jurisdiction of the Treasury Department CFTC with regards to stable tokens. Go to Source Powered by WPeMatico
Law Decoded: Post-ETF policy landscape and Novi fears, Oct. 18–25
The Bitcoin ETF approval has been the biggest, but by no means the only, policy-related story of the last week. Go to Source Powered by WPeMatico
Terraform Labs CEO Do Kwon Is Suing the SEC
Do Kwon, co-founder and CEO of Terraform Labs, the company that backs the Terra blockchain ecosystem, is suing the U.S. Securities and Exchange Commission (SEC). Kwon, who was served a subpoena while appearing at Messari’s Mainnet conference as a presenter, states this behavior was against the SEC’s own policies, and that they needed to go … Read more
Is excessive bullish optimism behind Bitcoin’s drop below $60K?
Bitcoin’s futures premium hit its highest level in 5 months, but was this the primary reason for BTC’s fall below $60,000? Go to Source Powered by WPeMatico
Thai Prime Minister Cautions Investors Getting Into Crypto as Interest in Digital Assets Soars
The prime minister of Thailand has cautioned investors getting into cryptocurrencies, noting that they are volatile and highly speculative. Recently, interest in cryptocurrencies has soared as young investors in the country discovered that they could make money quickly by investing in cryptocurrencies. Thai Prime Minister Warns About Crypto Investing Ratchada Thanadirek, deputy spokeswoman for the … Read more
Valkyrie’s Bitcoin Strategy ETF Debut Listing Drops Over 4% — Proshares ETF Slides 3.5%
On Friday, the Valkyrie Bitcoin Strategy Exchange-Traded Fund (ETF) launched on Nasdaq under the ticker BTF and dropped in value not too long after the ETF first came out of the gate. The second bitcoin ETF to launch in the United States followed bitcoin’s spot price movements on Friday, as BTF started the day above … Read more
Crypto breaks Wall Street’s ETF barrier: A watershed moment or stopgap?
With the Bitcoin ETFs, investors won’t have to deal with hot/cold storage decisions, crypto exchanges, fraud, etc. “Convenience does the magic here.” Go to Source Powered by WPeMatico
Bulls fight to keep Ethereum price above $4K ahead of Friday’s $435M options expiry
ETH price failed to overcome its previous all-time high, but derivatives data signals that bulls will try their best to keep the price above $4,000 for the short-term. Go to Source Powered by WPeMatico
