Asset management firm Bitwise has amended its S-1 registration with the United States Securities and Exchange Commission (SEC) to list and trade shares of a spot Ether exchange-traded fund (ETF). This follows SEC Chair Gary Gensler’s statement that the commission might finalize approvals for spot Ether ETFs by summer 2024, with some analysts anticipating it […]
Bitwise Files Amended Spot Ethereum ETF S-1 Form Read More »
T-Rex Group – a financial services company – has filed for a 2x leveraged MicroStrategy (MSTR) exchange-traded fund (ETF) in the United States. This financial vehicle is being deemed as potentially the most volatile ETF in the country. The filing with the Securities and Exchange Commission’s EDGAR platform reveals that the main aim of the
T-Rex Files for ‘Ghost Pepper’ 2x Leveraged MicroStrategy ETF Read More »
The largest United States cryptocurrency exchange, Coinbase, has filed lawsuits against the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC) for failing to comply with information requests in closed crypto cases. According to filings at the United States District Court for the District of Columbia, Coinbase seeks to compel the SEC
Coinbase Files Suits Against SEC, FDIC Over Compliance With Crypto Information Requests Read More »
Crypto asset management firm Hashdex is applying to launch an ETF backed by both spot Bitcoin and spot Ethereum holdings – the two largest cryptocurrencies by market cap. The Hashdex Crypto Index US ETF Analysts discovered the product in a form 19b-4 from the Nasdaq stock exchange on Tuesday, requesting permission from the Securities and
Hashdex Files For Dual Bitcoin And Ethereum Spot ETF Read More »
New York Attorney General Letitia James has filed a lawsuit against NovaTechFx, a crypto trading company, and AWS Mining, a digital asset mining company. The lawsuit alleges their involvement in illegal pyramid schemes that defrauded over 11,000 individuals and hundreds of thousands of investors, resulting in losses exceeding a billion dollars in cryptocurrency. $1 Billion
NYAG Files Lawsuit Against Two Crypto Companies for $1 Billion Fraud Read More »
Last updated: May 21, 2024 07:46 EDT | 2 min read Asset manager Fidelity has made an amended S-1 application to the United States Securities and Exchange Commission (SEC) for its spot Ether exchange-traded fund (ETF). The updated application specifies that the underlying Ether tokens of the ETF will not be staked, according to recent
Fidelity Files Amended S-1 Application with SEC for Spot Ether ETF, Removes Staking Read More »
Consensys has taken legal action against the U.S. Securities and Exchange Commission (SEC). The lawsuit, filed on Thursday, aims to stop an impending SEC crackdown on Consensys’ MetaMask wallet and seeks a crucial ruling on the classification of Ethereum’s native token, Ether. Consensys Challenges SEC’s Stance The filing asserted, “The U.S. Securities and Exchange Commission’s
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On April 12, Coinbase’s legal counsel filed a brief asking the court’s permission to seek an interlocutory appeal in its case. The controlling question was whether an “investment contract” requires something contractual. Coinbase believes it does, whereas the SEC disagrees. An interlocutory appeal occurs when a ruling by a trial court is appealed while other
Coinbase Files Appeal Over ‘Investment Contracts’ in SEC Battle Read More »
Last updated: March 12, 2024 18:45 EDT | 2 min read Source: DALL·ECrypto management firm Grayscale has hatched a plan to stop its rapidly accelerating asset bleed – and it involves launching a brand new Bitcoin spot ETF. The Grayscale Bitcoin Mini Trust (BTC) – as filed for with the SEC on Tuesday – will
Grayscale Files For ‘Mini’ Bitcoin Spot ETF To Stop GBTC Bleed Read More »
On Dec. 18, it was reported that FTX had filed its latest proposal to return billions of dollars to its customers and creditors. Moreover, the plan did not indicate whether the exchange would be restarted. It will be sent to creditors for a vote before being submitted to court for final approval. The payout plan
FTX Files Amended Plan to Pay Creditors Amid Soaring Legal Expenses Read More »
