The U.S. Securities and Exchange Commission (SEC) has approved a 10-fold increase in the position limits for options contracts on approved spot bitcoin Exchange-Traded Funds (ETFs). This regulatory change, directly supported by major financial firms including BlackRock and NYDIG, aims… Read More »SEC Greenlights 10-Fold Increase in Bitcoin ETF Options Limits to Curb Volatility
The U.S. Securities and Exchange Commission has extended its regulatory review of the proposed Truth Social Bitcoin exchange-traded fund until September 18, 2024. This 45-day extension provides additional time to thoroughly evaluate the fund’s compliance framework and political affiliations as… Read More »SEC Extends Review Period for Truth Social Bitcoin ETF Amid Regulatory Scrutiny
Grayscale Investments has filed a legal challenge against the U.S. Securities and Exchange Commission (SEC) regarding delays in approving its Bitcoin (BTC) Exchange-Traded Fund (ETF), asserting that the regulator’s prolonged inaction constitutes a violation of administrative law. The asset manager… Read More »Grayscale Challenges SEC Over Bitcoin ETF Approval Delays, Citing Regulatory Violations
The U.S. Securities and Exchange Commission is exploring a streamlined framework to accelerate the approval process for Bitcoin exchange-traded funds. Sources indicate the SEC is evaluating revisions to its cryptocurrency ETF review procedures as part of this initiative. A draft… Read More »SEC Considers New Regulatory Framework to Expedite Bitcoin ETF Approvals
The U.S. Securities and Exchange Commission (SEC) is considering a new regulatory framework to simplify Bitcoin exchange-traded fund (ETF) approvals by focusing on market capitalization and liquidity metrics. This proposal would replace the current dual-filing requirement with a single S-1… Read More »SEC Proposes Streamlined Bitcoin ETF Approval Framework to Transform Crypto Fund Landscape