ProShares applies for Short Bitcoin Strategy ETF from SEC
ProShares has filed a registration statement with the Securities and Exchange Commission (SEC) to list shares of a Short Bitcoin Strategy ETF an exchange-traded fund that will be based on daily investment. ProShares filed an application with the Securities and Exchange Commission on Tuesday for an investment vehicle that would allow customers to wager against […]
President Biden reportedly prepares to announce nominees for SEC commissioners
According to reports, the President of the United States, Joe Biden is making plans to appoint two Securities and Exchange Commission commissioners from different political parties. According to the Wall Street Journal on Wednesday, Biden is considering Democrat Jaime Lizárraga, a staffer for House Speaker Nancy Pelosi, and Republican Mark Uyeda, counsel for the Senate […]
ARK 21Shares spot Bitcoin ETF application faces rejection from the SEC
The US Securities and Exchange Commission (SEC) has formally rejected the application for the ARK 21Shares spot Bitcoin exchange-traded fund (ETF). The SEC denied a proposal from the Chicago Board Options Exchan ge, or Cboe, BZX Exchange, to list and trade shares of the ARK 21Shares Bitcoin (BTC) ETF in a Thursday filing. The SEC […]
SEC Lists Crypto Assets An Examination Priority In 2022
SEC Division of Examinations reveals that it is tailoring its focus to emerging issues, such as crypto assets. This move comes on the heels of the heightened market volatility of cryptocurrency. Crypto assets have been named as one of the top priorities of the Division of Examinations of the Securities and Exchange Commission. This new […]
Grayscale Battles SEC Over Bitcoin ETF
Grayscale CEO emphatically stated that all options are on the table as the company put all its resources into the conversion of its Bitcoin ETF. This legal move comes in preparation to contest the SEC decision if it rejects Grayscale’s Bitcoin trust. Grayscale CEO Michael Sonnenshein said the company is preparing for a legal battle […]