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Bitwise Files for 11 Altcoin ETFs Targeting AAVE, UNI, SUI, More

Bitwise Files for 11 Altcoin ETFs Targeting AAVE, UNI, SUI, More

Bitwise’s filings span DeFi, layer-1s, privacy coins, and AI-linked tokens, signaling a broad bet on altcoin demand. Asset manager Bitwise has submitted filings for 11 new single-asset cryptocurrency exchange-traded funds (ETFs) to the U.S. Securities and Exchange Commission (SEC). This batch targets major altcoins, including Aave (AAVE), Uniswap (UNI), and Sui (SUI), signaling a direct […]

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Canary Files for US-Focused Crypto ETF

Canary Files for US-Focused Crypto ETF

Canary Capital has made another crypto-related filing with the U.S. Securities and Exchange Commission (SEC). The firm has applied for an ‘American-Made Crypto ETF,’ which will include digital assets with ties to the United States. Made-in-America ETF A recent document shows that the asset manager has lodged an S-1 registration statement with the SEC to

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Bitwise Files Amended Spot Ethereum ETF S-1 Form

Bitwise Files Amended Spot Ethereum ETF S-1 Form

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

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T-Rex Files for ‘Ghost Pepper’ 2x Leveraged MicroStrategy ETF

T-Rex Files for ‘Ghost Pepper’ 2x Leveraged MicroStrategy ETF

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

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Coinbase Files Suits Against SEC, FDIC Over Compliance With Crypto Information Requests

Coinbase Files Suits Against SEC, FDIC Over Compliance With Crypto Information Requests

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

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Hashdex Files For Dual Bitcoin And Ethereum Spot ETF

Hashdex Files For Dual Bitcoin And Ethereum Spot ETF

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

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NYAG Files Lawsuit Against Two Crypto Companies for $1 Billion Fraud

NYAG Files Lawsuit Against Two Crypto Companies for $1 Billion Fraud

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

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Fidelity Files Amended S-1 Application with SEC for Spot Ether ETF, Removes Staking

Fidelity Files Amended S-1 Application with SEC for Spot Ether ETF, Removes Staking

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

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Consensys Files Lawsuit Against SEC Over Ethereum Regulation

Consensys Files Lawsuit Against SEC Over Ethereum Regulation

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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Coinbase Files Appeal Over ‘Investment Contracts’ in SEC Battle 

Coinbase Files Appeal Over ‘Investment Contracts’ in SEC Battle 

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

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