CoinspeakerHong Kong’s Spot Bitcoin and Ethereum ETFs Begin Trading, Here’s All You Need to Know Hong Kong previously listed three futures-based crypto ETFs in late 2022. Hong Kong’s Spot Bitcoin and Ethereum ETFs Begin Trading, Here’s All You Need to Know
Read More »Bernstein Report: Slowdown in Bitcoin ETF Inflows Is Short-term Pause
CoinspeakerBernstein Report: Slowdown in Bitcoin ETF Inflows Is Short-term Pause Chhugani and Sapra emphasize the time needed for Bitcoin to be widely accepted as a legitimate investment option for diversifying portfolios. Bernstein Report: Slowdown in Bitcoin ETF Inflows Is Short-term Pause
Read More »BNY Mellon Invests in Spot Bitcoin ETFs from BlackRock and Grayscale
CoinspeakerBNY Mellon Invests in Spot Bitcoin ETFs from BlackRock and Grayscale BNY Mellon filed form 13F-HR on April 25 with the US SEC and disclosed that it holds shares of GBTC and IBIT. BNY Mellon Invests in Spot Bitcoin ETFs from BlackRock and Grayscale
Read More »Bitcoin’s Chop Continues, XRP Gains as Ripple v. SEC Trial Begins, and More: This Week’s Crypto Recap
The market continues to chop, clearly unable to pick a definitive direction throughout the past seven days. The total capitalization currently stands at around $2.5 trillion, more or less where it was during the same time last week. However, there’s been substantial volatility, sending many leveraged traders into liquidations. Let’s have a look. Starting with Bitcoin, it has failed to make any progress during the past seven days, but this wasn’t due to a lack of effort. On...
Read More »SEC Likely To Deny Ethereum Spot ETFs In May: Reuters
Crypto industry experts believe Ethereum (ETH) spot ETFs will likely be denied approval for public trading by regulators next month. A denial would likely mean U.S. investors receive no product of the sort until December 2024 at the earliest, putting the digital currency well behind Bitcoin (BTC) in terms of adoption by Wall Street. Why Are Ethereum ETFs Unlikely? Sources contacted by Reuters say the few meetings between the Securities and Exchange Commission (SEC) and...
Read More »Spot Ethereum ETF Applications in US Will Be Likely Rejected by SEC, Experts Say
CoinspeakerSpot Ethereum ETF Applications in US Will Be Likely Rejected by SEC, Experts Say The US SEC must decide on VanEck's and ARK's spot Ethereum ETF filings by May 23 and May 24 respectively. Spot Ethereum ETF Applications in US Will Be Likely Rejected by SEC, Experts Say
Read More »KPMG: 39% of Canada’s Institutional Investors Have Exposure to Crypto
CoinspeakerKPMG: 39% of Canada’s Institutional Investors Have Exposure to Crypto The KPMG report shows that Canadian institutional investors who would hold crypto directly have increased to 75% in 2023, against 29% in 2021. KPMG: 39% of Canada’s Institutional Investors Have Exposure to Crypto
Read More »Will Ethereum Be Classified as Security? Crypto Analyst Offers Perspective on Raging Controversy
CoinspeakerWill Ethereum Be Classified as Security? Crypto Analyst Offers Perspective on Raging Controversy The debate on whether Ethereum should be classified as a security or not holds significant implications for the potential approval of an Ethereum ETF Will Ethereum Be Classified as Security? Crypto Analyst Offers Perspective on Raging Controversy
Read More »Major XRP Metric Surges Touches an ATH: Details
TL;DR The number of XRP wallets holding at least 1 million tokens is nearing an all-time high, reflecting increased investor interest despite recent value fluctuations. Ripple’s final trial phase with the SEC and the Bitcoin halving are anticipated to significantly influence the asset’s price movement. XRP Investors on the Move Over the past several months, the price of Ripple’s XRP has been far from its glory days, hovering in the $0.45-$0.70 range. However, many investors...
Read More »SEC Demands $5.3 Billion From Do Kwon And Terraform Labs
Terraform Labs (TFL) and its founder, Do Kwon, are under pressure to pay $5.3 billion in cumulative damages for fraud related to their now-defunct Terra blockchain. In a filing dated April 19, the U.S. Securities and Exchange Commission (SEC) requested that Kwon and his company be ordered to pay ~$4.2 billion in disgorgement and ~$546 million in pre-judgment interest after losing its lawsuit against the regulator on all counts earlier this month. The Largest Crypto Fine...
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