Vanguard Files Specialized Fund With Special Mention of Digital Currency
The financial behemoth Vanguard has registered its first Specialized Fund, strongly favoring cryptocurrency-related goods. As stated in a recent update, the business has applied for a new “Vanguard Specialized Funds” with the US Securities and Exchange Commission (SEC). As disclosed, the objective of the Fund is to monitor the outcomes of a benchmark index that […]
XRP Lawyer Praises Coinbase’s SEC Defense
Pro-XRP lawyer MetaLawMan praised Coinbase’s strong appeal arguments, noting it could clarify the SEC’s authority over digital assets. Coinbase recently requested permission to file an interlocutory appeal with the 2nd Circuit in a response to the court. Notably, the pro-XRP attorney MetaLawMan’s recent commentary on the development sparked the discussions. The attorney lauded Coinbase’s compelling […]
Grayscale Modifies Ethereum ETF Again
Grayscale Investments, a crypto asset management company, has submitted an amended 19b-4 for its Ethereum ETF application. James Seyffart, a senior ETF analyst at Bloomberg, disclosed this information on X as the company had previously filed an update on May 21. The United States Securities and Exchange Commission (SEC) is anticipated to approve the Ethereum […]
Applicants for Ethereum ETFs Submit 19b-4 Forms
The U.S. Securities and Exchange Commission (SEC) received the 19b-4 paperwork from five Ethereum (ETH) spot ETFs applications. Just twenty-five minutes before the deadline, ETH ETF applicants Fidelity, VanEck, Invesco/Galaxy, Ark Invest, and Franklin Templeton submitted their Amended 19b-4 forms to the SEC, according to Bloomberg Intelligence analyst James Seyffart. The analyst claims the ETF […]
SEC Fines NYSE Parent $10M for Cyberattack Non-Reporting
The SEC fined Intercontinental Exchange $10M for not promptly reporting an April 2021 cyberattack affecting its corporate network. The United States Securities and Exchange Commission (SEC) announced that the Intercontinental Exchange (ICE) will forfeit $10 million for neglecting to notify authorities of a cyber attack. Malicious code was installed onto a VPN device to gain […]