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Grayscale Withdraws Ether Futures ETF Application Before SEC Decision


Grayscale Investments withdrew its application for an Ether futures exchange-traded fund (ETF) just three weeks before the US SEC was set to rule on several spot ETH ETFs. The post Grayscale Withdraws Ether Futures ETF Application Before SEC Decision appeared first on Cryptonews

Cboe to Wind Down Spot Crypto Trading Platform to Consolidate Services


Exchange operator Cboe announced plans on Thursday to wind down its spot crypto trading platform in the third quarter. Cash-settled Bitcoin and Ether futures contracts will transition to the Cboe Futures Exchange in the first half of 2025, pending approval. The post Cboe to Wind Down Spot Crypto...

Digitex CEO Charged for Illegally Operating Crypto Futures


Digitex crypto futures exchange CEO Adam Colin Todd willfully failed to include adequate anti-money-laundering (AML) program, Florida federal court alleged. The US Attorney’s Office for the Southern District of Florida said in a statement Tuesday that the offender “willfully caused Digitex Futures...

India’s WazirX, Zebpay CEOs Collaborate to Debut New Crypto Venture


Indian crypto veterans Nischal Shetty and Avinash Shekhar have launched their new crypto-INR perpetual futures exchange dubbed ‘Pi42.’ WazirX founder Shetty and erstwhile CEO of Zebpay Shakhar said that the new venture would be one of the most legally compliant exchanges in India. The exchange...

CME Emerges as Second-Largest Bitcoin Futures Exchange, Approaches Top Spot


The regulated Chicago Mercantile Exchange (CME) is steadily climbing the ranks as one of the largest Bitcoin futures and perpetual futures exchanges in a development reminiscent of the early stages of the 2020-2021 bull run. With a notional open interest (OI) of $3.54 billion, CME has surged from...

Binance CEO CZ Turned Down $40 Million Deal with SBF for Futures Exchange


Binance CEO Changpeng "CZ" Zhao turned down a $40 million offer from former FTX CEO Sam Bankman-Fried in March 2019 to create a cryptocurrency futures exchange.  At the time, Binance was primarily a spot crypto exchange, and the idea of a futures-only platform was a deviation from its existing...

Valkyrie Files for Ethereum ETF With US Securities Regulator


U.S.-based asset manager Valkyrie is requesting regulatory approval from the U.S. Securities and Exchange Commission (SEC) for an ether futures exchange-traded fund (ETF). The move follows the acceptance by the SEC of Valkyrie’s application for a spot bitcoin ETF last month. Asset Manager...

Coinbase Secures Regulatory Approval to Offer Crypto Futures to US Customers


The Nasdaq-listed crypto exchange Coinbase has secured regulatory approval to operate a Futures Commission Merchant (FCM) and offer customers access to crypto futures. “Coinbase will now be the first crypto-native leader to directly offer traditional spot crypto trading alongside regulated...

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