Fidelity Files S-1 Application With US SEC for Spot Ether ETF
On March 27, Fidelity submitted an S-1 application to the US Securities and Exchange Commission (SEC) to establish a spot Ether exchange-traded fund (ETF). The Cboe BZX Exchange would facilitate trading of the asset management behemoth’s ETF. Affiliated with sponsor FD Funds Management, Fidelity Digital Asset Services would be responsible for the custodianship of the […]
Ripple vs SEC: XRP Whales Move 300 Mln Coins
XRP whales transferred over 300 Mln coins in the past 24 hours, reflecting a frenzy as the SEC recently appealed for a final decision on Ripple. In a captivating development, XRP whales appear to be on the move, transferring enormous amounts of tokens over the past 24 hours in response to the U.S. SEC’s (Securities and […]
Coinbase Exec Stands Up for Ether Amid SEC’s Scrutiny
Coinbase’s Paul Grewal seeks the SEC not to restrict Ethereum ETFs, citing the SEC and CFTC’s previous identification of Ethereum as a commodity. Legislators in the United States have placed considerable pressure on the U.S. Securities and Exchange Commission (SEC) to halt the approval process for the spot Ethereum ETF. The likelihood of Ether ETF […]
Pro-XRP Lawyer Faults Elizabeth Warren on SEC Overreach
Pro-XRP lawyer Bill Morgan recently criticized Elizabeth Warren in a post on X, which highlighted Coinbase CLO’s SEC takedown. Today, March 1, pro-XRP lawyer Bill Morgan criticized Democratic Party member Elizabeth Warren in a social media post shared on X regarding her favorable opinion of the U.S. SEC’s overreach in crypto assets. However, while the […]
Coinbase Defends Ethereum as a Commodity in Response to SEC
Coinbase has submitted a letter to the SEC, arguing that Ethereum is not a security but a commodity. The crypto exchange cited Ethereum’s consensus mechanism, governance, and market treatment as evidence. The letter is part of Coinbase’s ongoing dispute with the SEC over crypto regulation. The exchange has responded to the matter in question. On […]