Spot Bitcoin ETFs reverse 7-day outflow streak
As of June 25, the 11 spot Bitcoin funds that debuted in January have seen net inflows of $14.42 billion. Go to Source
sec approval
Auto Added by WPeMatico
Ripple CEO Expects SEC to Approve Spot XRP ETF Next Year
Ripple CEO Brad Garlinghouse believes that the U.S. Securities and Exchange Commission (SEC) will approve spot XRP ETFs next year, reiterating that they are inevitable. The executive discussed cryptocurrency regulations in the U.S., highlighting the SEC’s shift towards pragmatism after losing court battles. XRP ETFs Likely Approved Next Year, Ripple’s CEO Says Ripple CEO Brad … Read more
Cathie Wood’s Ark Invest Halts Spot Ethereum ETF Plans
Cathie Wood’s Ark Investment Management has withdrawn from the race to launch a spot ether exchange-traded fund (ETF), as its name was removed from the application filed with 21shares. The ETF, now renamed 21shares Core Ethereum ETF, reflects Ark’s decision not to pursue the ether ETF at this time. Despite this, Ark remains committed to … Read more
Be persistent with the SEC, says Franklin Templeton digital asset head
The SEC is safeguarding the economy, but Roger Bayston sees a change in tone at the regulator. Go to Source
How billions in outflows from Grayscale could impact Ethereum ETF launch
Outflows from the Grayscale Ethereum Trust (ETHE) could dampen the Spot Ethereum ETF approval party but create significant opportunities for traders. Go to Source
Spot Ether ETFs are now officially legal in the US: Law Decoded
Spot Ether ETFs might be weeks or months away from debuting on exchanges, as the ETF filers have yet to receive their S-1 SEC registration. Go to Source
What comes after spot Ether ETF approvals? Execs weigh in
Consensys director of global regulatory matters Bill Hughes interpreted the approval as an admission that Ether is a commodity. Go to Source
Standard Chartered Discusses SEC Approving Spot ETFs for Cryptos Beyond Bitcoin and Ether
Standard Chartered says markets will look ahead to exchange-traded funds (ETFs) of cryptocurrencies other than bitcoin and ether, but “this is likely a 2025 story.” They believe that the SEC approving spot ethereum ETFs suggests that the securities watchdog does not view ether as a security and that other coins similar to ether will also … Read more
Mad Money’s Jim Cramer Endorses Ether as ‘Great Store of Value’ Amid US Dollar Concerns
Jim Cramer, the host of CNBC’s Mad Money show, has endorsed ethereum and spot ether exchange-traded funds (ETFs), highlighting the cryptocurrency as a “great store of value” amid concerns over the U.S. dollar due to federal budget deficits. “I have ether because it’s a great store of value,” he affirmed. Jim Cramer on Ethereum and … Read more
Spot Ether ETFs approved, but Gary Gensler didn’t vote for them — Here’s why
Unlike the spot Bitcoin ETFs, which were approved via voting by a five-member committee, including SEC chief Gary Gensler, spot Ether ETFs were approved by the Trading and Markets Division of the SEC. Go to Source
