Citi Boosts Coinbase Shares Citing Shifting US Politics
According to Citi Group analysts, Coinbase shares are expected to be positively impacted by a prospective “crypto-friendly” administration. Citi , an investment bank, has raised its share price target for Coinbase, a cryptocurrency exchange. The bank attributes this increase to a “shifting” political landscape and a recent Supreme Court decision in the United States, which […]
SEC Grants Approval to VanEck Ethereum ETF
After three years of filings, the VanEck Ethereum exchange-traded fund (ETF) has been approved by the United States Securities Exchange and Securities Commission (SEC). The ETF’s Notice of Effectiveness, submitted on July 22, is designed to offer investors a regulated method of acquiring exposure to Ether in the United States. The approval results from a […]
SEC Approves US Ethereum ETFs for Launch Today
The SEC has approved Ethereum ETFs from multiple firms, allowing them to start trading in the US. The day has finally arrived: Ethereum ETFs have been officially authorized for trading in the United States. The US Securities and Exchange Commission (SEC) has permitted registration forms from 21Shares, Bitwise, BlackRock, Fidelity, Franklin Templeton, VanEck, and Invesco […]
Here’s what you need to know About Incoming Ethereum ETFs
How prepared are you for the July 23 launch of nine spot Ethereum ETFs? Here is the info you need to commence trading. After years of regulatory pushback and innumerable amended registration filings, Spot Ether exchange-traded funds (ETFs) are finally entering the market. For the first time, stock of publicly-traded Ethereum (ETH) ETFs will be […]
Binance.US Secures Court Approval to Invest in US Treasury Bills
Cryptocurrency exchange Binance has received court approval to invest U.S. customer fiat funds into U.S. Treasury Bills. The SEC v. Binance lawsuit is overseen by Judge Amy Berman Jackson, who signed and awarded the approval. Binance is only allowed to “invest certain customer assets in United States Treasury Bills” due to the verdict. The court […]