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US SEC Commissioner Says Bitcoin ETF Approval Long Overdue


SEC Commissioner Hester Peirce says that the regulator should have approved a bitcoin exchange-traded fund (ETF) in the U.S. a long time ago. She emphasized that it is not the SEC’s job to approve or reject applications based on the merits of the underlying investment itself. “People...

Cardano Joins Grayscale Digital Large Cap Fund as Third Biggest Component


Cardano has been added to Grayscale Investments’ large-cap cryptocurrency fund. It is now the third-largest component of the fund after bitcoin and ether. Grayscale Investments, the world’s largest digital currency asset manager, announced Friday the addition of cardano to its Digital...

Skybridge Capital Launches Ethereum Fund — Ether ETF Filing to Follow


Asset management firm Skybridge Capital has launched an ethereum fund, CEO Anthony Scaramucci has confirmed. He added that the asset manager will be filing for an ether exchange-traded fund (ETF). Skybridge Capital CEO Anthony Scaramucci revealed in the latest episode of The Scoop, published...

George Soros’ Investment Fund Is Reportedly Trading Bitcoin Products


The Hungarian-born American billionaire investor George Soros’ investment fund is actively trading bitcoin investment products, according to reports. Undisclosed sources reveal that bitcoin trading got the green light from the Soros Fund Management chief investment officer (CIO) Dawn...

KAVA Labs Unveils the Kava SAFU Fund for Community


Hailing as a top-tier DeFi portal devoted to providing a robust suite of services for developers, KAVA Labs has proudly announced the launch of its highly-anticipated project, Kava SAFU Fund, a dedicated on-chain community pool. The SAFU Fund will help enhance the platform’s security standards...

Cathie Wood Bought the Dip: Ark Invest Purchases One Million GBTC Shares


Cathie Wood, the founder of Ark Invest, bought the dip this Tuesday when Bitcoin prices tumbled below $30K. According to reports, Ark acquired more than one million shares of the Grayscale Bitcoin Fund. The company also bought more Coinbase shares. Wood has a positive stance on crypto and keeps...

Coinbase Approved to Enter Japanese Cryptocurrency Market


Coinbase is now registered as a cryptocurrency exchange to operate in Japan. The Japanese financial regulator has approved Coinbase to trade five cryptocurrencies. Japan’s top financial regulator, the Financial Services Agency (FSA), announced last week that it has registered Coinbase as...

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