SEC Delays Decision on Hashdex and Grayscale Ethereum ETF Applications
Hashdex and Grayscale’s Ethereum ETFs have been granted an extended review period by the SEC due to opinions on physically-backed products. The SEC has postponed its determination regarding the approval of two exchange-traded funds (ETFs) concentrated on Ethereum. The SEC acknowledged the initiation of ETF approval proceedings in a statement released on Monday. The commencement […]
Ark 21Shares Bitcoin ETF Adopts SEC Redemption Model
Ark Invest and 21Shares have amended their spot Bitcoin ETF application to conform to the Cash Creates proposal of the SEC. ARK Invest and 21Shares have submitted to the United States Securities and Exchange Commission (SEC) an S-1 amendment for their spot Bitcoin ETF. Based on the filing, the firms have reached an agreement regarding […]
UK Introduces Digital Securities Sandbox Regulatory Framework
The UK has established exhaustive regulations for its Digital Securities Sandbox, paving the way for innovation in digital assets. The United Kingdom has achieved advancement in digital assets by implementing comprehensive regulations that govern its Digital Securities Sandbox (DSS). These regulations, scheduled to come into effect on January 8, 2024, are an essential component of […]
BlackRock Amends iShares Bitcoin Trust Filing For SEC Spot ETF
On December 18, 2023, BlackRock amended the form S-1 for its iShares Bitcoin Trust in pursuit of a spot Bitcoin ETF filing with the SEC. Blackrock, an investment manager, amended Form S-1 for its iShares Bitcoin Trust on Monday, December 18, 2023, as part of its filing with the U.S. Securities and Exchange Commission (SEC) […]
Coinbase Enables USD SWIFT Transfers in Singapore
Coinbase has introduced USD transfers via the SWIFT network in Singapore, thereby facilitating the conversion of fiat to cryptocurrency. Coinbase, a cryptocurrency exchange listed on the Nasdaq, has introduced United States Dollar (USD) remittances to Singapore as part of its expansion. The exchange announced that USD transfers between retail accounts are now possible via the […]