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SEC Approves First Eight Spot Ether ETFs


The Securities and Exchange Commission (SEC) has approved the first eight proposals for spot ether exchange-traded funds (ETFs). According to a document issued on May 23 that orders grating an accelerated approval for these products, NYSE Arca obtained permission to list the Grayscale Ethereum...

Congressmen Urge SEC Chair Gary Gensler To Approve Spot ETH ETP


A group of bipartisan House representatives is urging United States Securities and Exchange Commission (SEC) Chair Gary Gensler to approve spot Ether ETPs, a new letter shows. The push for spot ETH ETP approval follows the House’s successful FIT21 vote on  Wednesday. The post Congressmen Urge...

Standard Chartered Predicts Bitcoin Could Hit All-Time High This Weekend


Standard Chartered’s head of digital asset research, Geoff Kendrick, has predicted a significant rise in bitcoin’s price, potentially surpassing its previous all-time high of $73,798 by this weekend. His optimistic outlook is fueled by the anticipated approval of spot ether...

House Passes Landmark Crypto Bill Marking ‘Historic Day’ for Americans


The U.S. House of Representatives has approved the Financial Innovation and Technology for the 21st Century (FIT21) Act for the regulation of crypto assets despite opposition from President Joe Biden and SEC Chair Gary Gensler. This landmark legislation secured a bipartisan approval with a vote...

U.S. House Approves Crypto FIT21 Bill With Wave of Democratic Support


The crypto industry recorded its biggest-ever U.S. policy win on Wednesday when the House of Representatives approved a wide-reaching bill to establish regulations for digital assets markets, recording a 279-136 vote that saw Democrats crossing party lines to support it

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