SEC Has ‘No Grounds’ to Reject Bitcoin ETF Conversion, Grayscale Says
The SEC was last week ordered to review its prior rejection of the conversion of the Grayscale Bitcoin Trust (GBTC), though not necessarily to approve it.
ETF
SEC’s Grayscale Court Rout Puts Agency in Will-They, Won’t-They Role Starring Gensler
The crypto industry’s campaign to set up exchange-traded funds (ETFs) has now pushed the U.S. Securities and Exchange Commission against a wall with Grayscale Investments’ consequential court win, but it’s still up to the agency to decide whether to retreat or keep fighting.
First Mover Americas: Bitcoin Tumbles Below $26.5K
The latest price moves in bitcoin (BTC) and crypto markets in context for August 18, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Ether Futures ETFs Are Poised for U.S. Approval, Bloomberg Reports
They would join bitcoin futures ETFs that are already approved.
How Is Tokenization Impacting Investing?
Decentral Park’s Kelly Ye provides an overview of what tokenization is and how will it affect the investment landscape.
In Canada, Spot Bitcoin ETFs Have Been Working for Years
Gorast Tasevski and Haan Palcu-Chang of Purpose Investments share thoughts about bitcoin ETFs – and Canada.
Bitcoin Spot ETF Approval Could Help Power up a New Crypto Cycle: Bernstein
New capital will enter the market from fresh stablecoin supply, tokenization of traditional assets, native crypto infrastructure tokenization and ETFs, the report said.
Bitcoin Rallies Keep Getting Quickly Sold — What’s Up?
The world’s largest cryptocurrency is lacking sustained momentum, the price selling off shortly after each attempted leg higher.
ProShares Says Bitcoin ETF Has Matched BTC Price Closely, ‘Roll Cost’ Concerns Are Unwarranted
Interest on the ETF’s cash balances helps offset the cost of rolling from one set of futures to the next, ensuring a low tracking error, the firm said.
Macro State of Crypto – Where It Has Been and What’s Next
Analytics can offer insight into how recent and past crypto and regulatory events have affected prices and movement. Plus: A quick Q&A on retirement funds.