SEC’s Gensler Throws More Crypto Punches in Congressional Hearing

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler continued his combative stance against crypto “hucksters” in congressional testimony on Wednesday, declining to answer the industry’s most urgent questions while arguing that digital assets companies have been dangerously careless with customer assets.

Europe’s First Spot Bitcoin ETF Lists in Amsterdam

The Jacobi FT Wilshere Bitcoin ETF is regulated by the Guernsey Financial Services Commission (GFSC) and will trade under the ticker “BCOIN.” The listing means Europe will see a spot bitcoin ETF traded before the U.S., despite dozens of applications to the Securities and Exchange Commission in the last few years London-based Jacobi Asset Management […]

Bitcoin Spot ETF Approval Could Help Power up a New Crypto Cycle: Bernstein

Crypto exchange-traded-funds (ETFs) add capital to the market not just by creating demand in the spot market, but the market signal of regulatory approval of these products produces a growth flywheel for retail and other institutional flows that are seeking legitimacy, broker Bernstein said in a report Monday. “With the interest of leading global asset […]