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Crypto Investors Pull Out $55 Million Amid Doubts Over Bitcoin ETF Approval


Investors in crypto-backed investment funds have pulled out some $55 million from the market as worries have grown that the US Securities and Exchange Commission (SEC) may not be ready to approve a spot Bitcoin exchange-traded fund (ETF).... Read More: Crypto Investors Pull Out $55 Million Amid...

Analysts: Coinbase's Derivatives Approval Shows Crypto's Resilience in the US


Analysts at investment bank JMP Securities have said that an approval received by Coinbase to offer crypto futures trading can be taken as evidence of crypto’s resilience in the US. In a note to clients that was cited by The Block, the analysts said the approval "adds validation" to the domestic...

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...

Lawmakers Probe SEC and FINRA Over ‘Shady Approval’ of Prometheum


U.S. lawmakers are probing the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) regarding the “shady approval” of Prometheum “as the first and only special purpose broker-dealer for digital assets.” They raised concerns about the timing...

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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