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🚨 𝐄𝐭𝐡𝐞𝐫𝐞𝐮𝐦 𝐄𝐓𝐅'𝐬 𝐚𝐫𝐞 𝐜𝐨𝐦𝐢𝐧𝐠! 🚨 The SEC has approved the listing of the first spot Ether ETF, marking a significant milestone for the industry. This decision brings Ether one step closer to mainstream financial markets, but there's one last hurdle before trading can commence. 🔹 𝐒𝐩𝐨𝐭 𝐄𝐭𝐡𝐞𝐫 𝐄𝐓𝐅 𝐀𝐩𝐩𝐫𝐨𝐯𝐚𝐥: The SEC's green light for the listing of a spot Ether ETF is a landmark achievement, signaling growing acceptance of digital assets in traditional financial frameworks. 🔹 𝐅𝐢𝐧𝐚𝐥 𝐒𝐭𝐞𝐩 – 𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐀𝐩𝐩𝐫𝐨𝐯𝐚𝐥: While the listing has been approved, the SEC still needs to give the final nod to the specific products. This involves ensuring that the proposed ETFs meet all regulatory standards and provide adequate investor protection. 🔹 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐦𝐩𝐚𝐜𝐭: The introduction of a spot Ether ETF is expected to boost market liquidity and provide investors with a more accessible way to gain exposure to Ethereum, potentially driving further adoption and market growth. 🔹 𝐋𝐨𝐨𝐤𝐢𝐧𝐠 𝐀𝐡𝐞𝐚𝐝: The industry is closely watching the SEC's final decision on the products. Successful approval will set a precedent for future crypto ETFs and could pave the way for more innovative financial products. Stay tuned for more updates as we approach this final regulatory milestone! #ETH #ETF #Crypto #Capital #Blockchain #Approval #Coindesk #CMC #SEC

We're proud to have pioneered what Coindesk describes as "a historic milestone for the cryptocurrency industry," both in the courts and on the New York Stock Exchange. - Grayscale Bitcoin Trust (BTC) (the “Trust”) has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the Trust has filed with the SEC for more complete information about the Trust and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the Trust or any authorized participant will arrange to send you the prospectus (when available) if you request it by calling (833) 903 - 2211 or by contacting Foreside Fund Services, LLC, Three Canal Plaza, Suite 100, Portland, Maine 04101. Foreside Fund Services LLC is the Marketing Agent for the Trust. An investment in the Trust involves risks, including possible loss of principal. The Trust holds Bitcoin; however, an investment in the Trust is not a direct investment in Bitcoin. As a non-diversified and single industry fund, the value of the shares may fluctuate more than shares invested in a broader range of industries. Extreme volatility, regulatory changes, and exposure to digital asset exchanges may impact the value of Bitcoin, and consequently the value of the Trust.

SEC Denies Coinbase’s Push for Crypto Regulations The SEC’s recent denial of Coinbase’s request for comprehensive crypto regulations underscores the ongoing tension between the crypto industry and regulators. Despite growing calls for clearer guidelines to reduce uncertainty and support market growth, the SEC deemed Coinbase’s push “unwarranted.” This decision highlights the regulatory challenges faced by the industry, as major players like Coinbase continue to advocate for a more defined regulatory framework. The lack of clear regulations can hinder innovation and market development, emphasizing the need for ongoing dialogue between regulators and the crypto community. Understanding these dynamics is crucial for navigating the evolving landscape of digital assets. https://lnkd.in/gT9P8-5r Stay ahead of the curve with insights from Vikara Capital on how regulatory changes affect the crypto market. #Vikara #DigitalAssets #Web3 #Crypto #SEC #Coinbase #RegulationChallenges

It’s not Germany, but the small state of Saxony that's been causing waves in the crypto markets by selling millions of dollars' worth of bitcoin. Saxony, after confiscating nearly 50,000 BTC in January from a criminal investigation, has been systematically liquidating the assets, which is standard procedure for seized items. This move has led to significant sell-offs in crypto prices and widespread distress among crypto enthusiasts. Earlier this year, Saxony's Criminal Police Office seized 49,857 bitcoin from the operator of Movie2k.to, a site found guilty of money laundering. Recently, the German Federal Criminal Police Office (BKA) began moving thousands of BTC to exchanges like Kraken, Coinbase, and Bitstamp, indicating a sell-off. The wallet's holdings have now dwindled to 23,788 BTC. Social media reactions have been harsh, with many criticizing the decision. However, experts like Dr. Lennart Ante of the Blockchain Research Lab argue that this is a routine process for liquidating seized assets. The involvement of the BKA, which has the technical expertise, is standard, though it acts solely on state instructions. Despite the backlash, this process is about asset management rather than an investment strategy. Saxony’s large-scale liquidation has even faced practical challenges, receiving $200 million back from exchanges due to insufficient demand to buy such a vast quantity of bitcoin. #SaxonyBitcoinSale #CryptoMarkets #BTC #GermanyCrypto #AssetLiquidation #CryptoSellOff #BitcoinConfiscation #Blockchain #CryptoNews #FinancialMarkets https://lnkd.in/d5bZh9Bf

Big news for Ethereum! The SEC declares ETH a commodity, leading to a price jump. Could this be a turning point for crypto regulation? Know more: https://shorturl.at/jgRCk For more such updates visit VoiceofCrypto.online 🌐📰 #VOC #VoiceOfCrypto #CryptoNews #Crypto #ethereum #cryptocurrency #SEC

NYSE would consider digital assets trading if regulatory picture is clearer.  The New York Stock Exchange (NYSE), a preeminent stock exchange in the US and a giant player in the conventional capital and financial markets in the world, would “consider offering cryptocurrency trading if the regulatory status of such an expansion by the stock market giant was clearer”, per a CoinDesk report. It is also predicted, in the report, that US regulatory environment may improve in the next couple years regardless of the [presidential] election outcome.   This prediction may not be an overestimated one, given recent significant developments in the US policy and legislative areas where there have been SEC’s spot Ether ETFs approvals, which was a surprise to many people who thought that these spot ETFs might not be approved this time, and a passage in the House of Rep. of a new comprehensive digital assets bill. It may be possible to see improved regulatory environments in the US in coming years, looking at these recent shifts of certain regulators and legislators’ positions. Given the influential size of the US digital assets markets, it will be interesting to see whether the prediction may come true! Read on more in the report! #cryptoregulations #crypto #digitalassets #virtualassets #stockmarket #cryptocurrency (Any contents shared are only for information sharing purposes and are not any investment or legal advice or do not intend to support any product, price, company, platform, etc.)

The U.S. Court of Appeals for the Second Circuit has ordered the U.S. Securities and Exchange Commission (#SEC) to review its rejection of Grayscale Investments' application to convert its Grayscale Bitcoin Trust (#GBTC) into an exchange-traded fund (#ETF). The court ruled that the SEC failed to adequately explain why it approved the listing of two bitcoin futures ETPs but not Grayscale's proposed bitcoin ETP. The ruling is a major victory for Grayscale and could pave the way for the first spot bitcoin ETF to be approved in the United States. The ruling is also likely to have a positive impact on the price of bitcoin, which rose more than 7% in the hours following the announcement. The decision by the appeals court is a significant development in the ongoing debate over the regulation of cryptocurrencies. The SEC has been reluctant to approve bitcoin ETFs, citing concerns about market manipulation and investor protection. However, the appeals court's ruling suggests that the SEC may be more willing to approve bitcoin ETFs in the future. The approval of a bitcoin ETF would be a major milestone for the cryptocurrency industry. It would make it easier for investors to buy and sell bitcoin, and it could help to legitimize the cryptocurrency as a financial asset. However, it is important to note that the SEC has not yet made a decision on Grayscale's application, and it is possible that the agency could still reject it. Overall, the decision by the appeals court is a positive development for the cryptocurrency industry. It is a sign that the SEC is taking a more open-minded approach to regulating cryptocurrencies, and it could pave the way for the approval of the first bitcoin ETF in the United States. #btc #bitcoin

US court of appeals, a three-judge panel, delivered a judgment to request SEC to review Grayscale’s previously rejected ETF application! It is noted that US may be one step closer to having a "spot" bitcoin exchange-traded fund (ETF), "the holy grail of white glove crypto financial products", per a CoinDesk report . The District of Columbia Court of Appeals sided with Grayscale Investments (disclosure: CoinDesk’s sister company) in its pursuit to transition the massive Grayscale Bitcoin Trust (GBTC) into an ETF. More precisely: The judges granted Grayscale’s petition for review, meaning the SEC will have to review Grayscale’s previously rejected ETF application and maybe come up with better reasons for denying it again. Some of key noteworthy points in the report: - ETFs are important because it increases the number of people who can invest in crypto by providing a more traditional and regulated pathway. There’s potentially billions of dollars of capital sitting on the sidelines that would trade bitcoin if it could be traded through familiar stock exchanges. - like the Ripple decision in July, the U.S. Court of Appeals has shown that SEC may not be the ultimate arbiter. The agency does not necessarily get the final word; the U.S. court system and better yet Congress can also offer legal interpretations. Read more for this case's significance in the report! #etfs #bitcoinetf #crpto #bitcoin #cryptocurrency #cryptoassets #virtualassets #digitalassets #cryptolaw #cryptoregulations

#Coinbase CEO Exposes How SEC Directed It To Delist All #Cryptos Except #Bitcoin Via: ZyCrypto Author: Brenda Ngari For the latest updates on trending crypto news, Feel free to explore: Mertium.com

🚀 The SEC's enforcement notice to #Uniswap highlights the urgent need for clear, balanced regulations that nurture #innovation while protecting investors in the #DeFi sector. 🦄The outcome of Uniswap's case will significantly influence how DeFi platforms operate and are regulated, making it a bellwether for the future of financial technology. This is another legal drama unfolding, with the entire #crypto industry watching closely. ✅Buckle up and be aware that the outcome may shape the sector's regulatory environment for years to come. #sec #blockchain #dex #regulation https://lnkd.in/gEEMp88C