US SEC approves Volt Equity ETF
The Volt Crypto Industry Revolution and Tech ETF has been approved by the US Securities and Exchange Commission, giving investors convenient access to companies with strong Bitcoin exposure (BTC). According to an SEC filing, the exchange-traded fund (ETF) would follow so-called “Bitcoin Industry Revolution Companies ,” which are defined as entities that hold a majority […]
SEC won’t ban crypto… but Congress could says Gary Gensler
Representative Tom McHenry feels the SEC, under Gary Gensler‘s leadership, has ignored regular operating procedures in its pursuit of cryptocurrency. Gary Gensler, the president of the United States, has said that the U.S. The Securities and Exchange Commission has confirmed that his agency does not have the capacity or the intention to prohibit cryptocurrency trading […]
BlackRock SEC filings show company earned $369K trading Bitcoin futures
BlackRock Financial Management has expanded the amount of its Bitcoin futures contracts since Q1 2021, according to a filing with the US Securities and Exchange Commission. As of July 31, the BlackRock Global Allocation Fund had 54 Bitcoin futures contracts issued by the Chicago Mercantile Exchange, according to a Sept. 28 filing with the Securities […]
CFTC commissioner sets to join the SEC as general counsel
Dan Berkovitz, one of three commissioners now serving at the US Commodity Futures Trading Commission, will join the Securities and Exchange Commission as general counsel. The Securities and Exchange Commission, or SEC, announced on September 28 that Berkovitz would start as general counsel on November 1, two weeks after standing down as a commissioner of […]
Ripple vs. SEC: CEO Brad Garlinghouse cleared the only stumbling block to a settlement with the SEC
The XRP litigation is currently in a critical stage, and Ripple’s legal counsel is relying on a speech given by former SEC director William Hinman in 2018. The Ripple versus SEC litigation is nearing its conclusion, and with settlement speculation still strong, Ripple CEO Brad Garlinghouse cleared the only criterion that would have forced the company to settle with the SEC: the SEC’s approval. Garlinghouse spoke on the Fox network to discuss the need for clarity on security rules from the […]