Valkyrie Gets Approval to Start Buying ETH Futures For its Existing Bitcoin ETF
The fund’s new strategy to combine ether and bitcoin will be effective formally on Oct. 3.
ETF
Cathie Wood’s ARK Invest Files for First Spot Ether ETF
The Ark 21Shares Ethereum ETF is the first attempt to list such a fund in the U.S. that directly invests in ETH, the second largest cryptocurrency by market capitalization.
Bitcoin Little-Changed at $25.7K After Newsy and Volatile Session
Broader crypto markets were modestly lower late on Wednesday.
SEC Has ‘No Grounds’ to Reject Bitcoin ETF Conversion, Grayscale Says
The SEC was last week ordered to review its prior rejection of the conversion of the Grayscale Bitcoin Trust (GBTC), though not necessarily to approve it.
Buy Ether Instead of Bitcoin to Ride ETF Momentum, Crypto Research Firm Says
There’s a high probability of approval on or before the SEC’s final deadline in mid-October for a decision on the first ether futures ETF in the U.S.
SEC’s Grayscale Court Rout Puts Agency in Will-They, Won’t-They Role Starring Gensler
The crypto industry’s campaign to set up exchange-traded funds (ETFs) has now pushed the U.S. Securities and Exchange Commission against a wall with Grayscale Investments’ consequential court win, but it’s still up to the agency to decide whether to retreat or keep fighting.
First Mover Americas: Bitcoin Drops to Lowest Level Since June
This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day. Latest Prices Top Stories Bitcoin (BTC) has broken out from its very tight trading range, but not in ways the bulls would have liked to see. The … Read more
Ether Futures ETFs Are Poised for U.S. Approval, Bloomberg Reports
Securities regulators are poised to approve ether (ETH) futures ETFs for trading in the U.S., Bloomberg reported on Thursday. Several firms have applied to list these exchange-traded funds, which would hold derivatives contracts tied to ether – rather than ether itself. But they need the U.S. Securities and Exchange Commission’s blessing, something Bloomberg said might … Read more
First Mover Americas: Bitcoin Tumbles Below $26.5K
This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day. Latest Prices Top Stories Bitcoin (BTC) has dropped 7% over the past 24 hours, plunging to levels not seen since June as the digital-asset market witnessed one … Read more
First Mover Americas: Coinbase Secures NFA Approval to Offer Crypto Futures
This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day. Latest Prices Top Stories Cryptocurrency exchange Coinbase (COIN) has won approval to list crypto futures in the U.S. nearly two years after first applying. The National Futures … Read more