The U.S. Securities and Exchange Commission (SEC) has implemented a rule change permitting cryptocurrency exchange-traded funds (ETFs) to utilize in-kind creations and redemptions for Bitcoin and Ether. This significant regulatory update enables authorized participants to create and redeem ETF shares… Read More »SEC Approves Direct Bitcoin & Ether Transfers for Crypto ETFs, Bitwise Adopts New Structure
Cboe and NYSE Arca have submitted proposals to the U.S. Securities and Exchange Commission (SEC) seeking rule changes that would allow certain cryptocurrency exchange-traded funds (ETFs) to be listed automatically. This initiative aims to align crypto ETF standards with regulatory… Read More »Cboe and NYSE Arca Propose Streamlined SEC Rules for Crypto ETF Listings
Cboe BZX and NYSE Arca have jointly proposed a standardized framework designed to accelerate the listing process for cryptocurrency exchange-traded funds (ETFs). The rule change filings seek to eliminate the Securities and Exchange Commission’s current 19b-4 approval requirement, potentially expediting… Read More »US Exchanges Propose Streamlined Framework to Expedite Crypto ETF Listings
The Chicago Board Options Exchange (CBOE) has submitted a proposal to establish a standardized approval framework for cryptocurrency exchange-traded funds (ETFs). This initiative aims to eliminate the current requirement for fund-specific SEC approvals, potentially accelerating market expansion and aligning digital… Read More »CBOE Proposes Unified Framework to Streamline Crypto ETF Approvals
The U.S. Securities and Exchange Commission (SEC) has postponed its decision on the Truth Social Bitcoin Exchange-Traded Fund (ETF), backed by Trump Media & Technology Group. Regulators extended the review period for the proposed ETF from August 4 to September… Read More »SEC Delays Decision on Truth Social Bitcoin ETF to September 18
Major US spot Bitcoin and Ethereum ETF providers, including Ark 21Shares, Fidelity, Invesco Galaxy, VanEck, and WisdomTree, are actively seeking regulatory approval to implement in-kind creations and redemptions. This change would authorize participants to directly exchange actual Bitcoin (BTC) or… Read More »Asset Managers Petition for In-Kind Transactions in US Crypto ETFs
The US Securities and Exchange Commission (SEC) has postponed a decision on Fidelity’s proposed spot Solana exchange-traded fund (ETF), initiating a formal review process. This action triggers a mandatory 21-day public comment window followed by a 35-day rebuttal period. The… Read More »SEC Delays Fidelity Solana ETF Approval Process, Opens Public Feedback
The U.S. Securities and Exchange Commission (SEC) has released updated regulatory guidance to clarify registration procedures for cryptocurrency exchange-traded funds (ETFs). The new rules prioritize comprehensive disclosures around operational mechanics and service provider relationships, aiming to heighten market transparency and… Read More »SEC Issues New Guidance Streamlining Crypto ETF Registration with Transparency Focus
The U.S. Securities and Exchange Commission (SEC) has approved Grayscale’s Digital Large Cap Fund to convert into a spot exchange-traded fund (ETF) listed on NYSE Arca. The fund will track the CoinDesk 5 Index, providing diversified exposure to Bitcoin (BTC),… Read More »SEC Approves Grayscale’s Multi-Asset Spot ETF for NYSE Arca Listing