ARK Invest Joins Race for Bitcoin ETF Registration
Cathie Wood of ARK Investment Management and Swiss cryptocurrency custodian 21Shares have proposed the exchange-traded fund ARK 21Shares Bitcoin ETF registration notice to the U.S. Securities and Exchange Commission (SEC). The firm registered its shares as securities listed on the Cboe BZX Exchange on January 4 using Form 8-A. Both the Grayscale Bitcoin Trust and […]
Director of South Korea’s FSS Discusses Crypto with SEC Chair Gary Gensler
The director of the Financial Supervisory Service (FSS) of South Korea, Lee Bok-hyun, reportedly intends to meet with the chair of the Securities and Exchange Commission (SEC) of the United States, Gary Gensler, to discuss crypto regulation. Chosunbiz, a South Korean news outlet, reported on December 18 that Lee intends to confer with Gensler during […]
SEC Serves Suit to HEX Founder Richard Heart in Finland
The United States Securities and Exchange Commission stated that it served HEX founder Richard Schueler, also known as Richard Heart, at his residence in Helsinki via an alternate method, the capital of Finland, on behalf of the commission. The SEC stated in a filing with the New York District Court on December 11 that Heart […]
ProShares Futures Bitcoin ETF Hits ATH
ProShares’ Future Bitcoin ETF, or “BITO,” has reached a new All-Time High (ATH) amid increasing interest and excitement over spot Bitcoin ETFs. As to the X article by James Seyffart, the Bloomberg ETF analyst, ProShares’ BITO is getting near $1.5 billion in Total Value Locked (TVL). This is just two weeks after Eric Balchunas declared […]
SEC Probes Terraform Labs Deal with Former Jump Crypto CEO
The SEC is investigating Kanav Kariya’s secret agreement with Do Kwon, the president of Terraform Labs, during the collapse of the stablecoin TerraUSD. The SEC is investigating whether Kanav Kariya, the former CEO of Jump Crypto, a leading crypto trading firm, entered into a secret agreement with Do Kwon, the president of Terraform Labs. This […]