SEC requests final S-1 submissions for Ether ETF launch
According to Bloomberg analyst Eric Balchunas, the SEC has directed issuers to submit their final S-1 filings by July 16, with the aim of launching the new Ether funds on July 23.
Related Posts
BlackRock Bitcoin ETF could unlock $30 trillion worth of wealth, Bloomberg analyst says
Following the Blackrock application, a Bitcoin spot ETF was never so close to being approved and it could be a game changer for the crypto industry, explains ETF analyst Eric Balchunas. $30 trillion worth of capital could suddenly unlock for the Bitcoin market if a Bitcoin spot ETF is approved by the U.S. Securities and…
How high transaction fees are being tackled in the blockchain ecosystem
High transaction fees have been a long recurring issue for users on popular blockchain networks like Ethereum and Bitcoin during periods of increased demand. However, there are protocols, platforms and methods that help users to reduce costs.What are transaction fees?Transaction fees are fees that users pay to send a transaction or interact with a smart…
‘Extreme greed’ and FOMO taking hold as BTC nudges $16K
Bitcoin has powered to its highest price since early 2018 as the buying frenzy continues. 3963 Total views 20 Total shares Bitcoin has just powered up to its highest price since January 8, 2018, knocking on the door of $16,000 as FOMO grips the markets once again.In a move upwards that has added more than…
Frozen out? Bitcoin price correlation to other assets still undefined
A recent report from institutional crypto firm Fidelity Digital Assets concluded that Bitcoin (BTC) shows very little price correlation to mainstream financial assets, based on data from the past five years. Over the course of 2020, Bitcoin has gained further adoption into mainstream finance, which logically might impact the asset’s correlation or lack thereof. Has…
US federal regulators set new expectations for stablecoin issuers
The President's Working Group has not said anything revolutionary, but does establish some new clarity. 3437 Total views 10 Total shares A group of leading U.S. financial regulators has released a new statement on stablecoins. One of the headlining topics of crypto regulation news this year, stablecoins were the main topic of a Dec. 23…
Solana network faces degraded performance for the second time this week
Solana suffered a fourth network incident in the span of a few months. Two out of the four network issues happened this week. 49 Total views 1 Total shares The Solana blockchain has faced its second network performance degradation incident this week. According to Solana, this is happening because of a rise in high compute…
South Korea’s Gyeongbuk Province Launches ‘Special Committee’ to Create Blockchain Hub
The government of South Korea’s Gyeongbuk province has launched a “Blockchain Special Committee” with the goal of creating a blockchain hub in the region, local media outlet Daily News reported Nov. 14.North Gyeongsang Province, also known as Gyeongbuk, plans to create a blockchain hub, inviting 40 domestic and foreign experts in the industry to consult…
Reuters: Facebook Met British Authorities Prior to Libra’s Official Announcement
Facebook reportedly met British authorities and regulatory officials three times prior to publicly announcing plans for the Libra stablecoin project.As Reuters reported on Sept. 18, this spring Facebook had several appointments with officials at Britain’s finance ministry, the Financial Conduct Authority and the Bank of England. Reuters received details regarding the meetings after submitting freedom…