Category: Fiat

Thailand Launches Its First Bitcoin ETF

Thailand is set to introduce its first spot Bitcoin exchange-traded fund (ETF), marking a significant step forward in the nation’s embrace of regulated Bitcoin investment vehicles. The Thai Securities and Exchange Commission (SEC) has approved asset manager One Asset Management (ONEAM) to launch the ONE Bitcoin ETF Fund, as reported by the Bangkok Post. This […]

FTX Nears $200M Settlement with IRS

Bankrupt cryptocurrency exchange FTX is on the verge of settling a $24 million claim from the U.S. Internal Revenue Service (IRS) for a substantial $200 million. This proposed settlement, still awaiting court approval, would address one of the more complex and substantial claims within the myriad of legal challenges amounting to billions of dollars that […]

Franklin Templeton Sets Low Fee for Ether ETF

Franklin Templeton has taken a groundbreaking step in the competitive landscape of cryptocurrency funds by announcing an incredibly low management fee for its upcoming Ether spot ETF. This move is set to shake up the Ether ETF market significantly. In a recent S-1 filing with the Securities and Exchange Commission (SEC), Franklin disclosed that the […]

Ethereum ETFs: A New Era for Crypto Regulation

May marked a significant milestone for cryptocurrency regulation with the U.S. Securities and Exchange Commission (SEC) approving spot Ethereum ETFs. This decision is not just a win for Ethereum but could potentially reshape the entire landscape of crypto regulation. The approval came after persistent advocacy, including a bipartisan plea from House Representatives to SEC Chair […]

Historic Green Light for Ethereum ETFs

In a significant shift in the cryptocurrency investment landscape, the United States Securities and Exchange Commission (SEC) has granted approval for spot Ethereum exchange-traded funds (ETFs), marking a pivotal moment months after initially greenlighting Bitcoin ETFs. This historic decision came on May 23, after a long period of minimal engagement with the applicants, signaling a […]

JPMorgan Doubts SEC Will Approve Solana ETFs

Amid the evolving landscape of cryptocurrency regulations, JPMorgan has expressed skepticism regarding the potential approval of Solana and other crypto exchange-traded funds (ETFs) by the United States Securities and Exchange Commission (SEC). This comes in the wake of the SEC’s recent nod to Ethereum ETFs, stirring discussions within the financial sector. Nikolaos Panigirtzoglou, the managing […]

SEC Green-Lights Ethereum ETFs: A New Era Begins

In a remarkable development, the U.S. Securities and Exchange Commission (SEC) has officially approved eight applications for spot Ethereum ETFs, marking a significant milestone for Ethereum’s integration into Wall Street. The approved funds include the Grayscale Ethereum Trust, Bitwise Ethereum ETF, iShares Ethereum Trust, VanEck Ethereum Trust, ARK/21 Shares Ethereum ETF, Invesco Galaxy Ethereum ETF, […]

Ethereum ETFs: Anticipation and Implications

The cryptocurrency sector is on the brink of a significant evolution as institutional investors prepare to invest an estimated $500 million into Ethereum ETFs in the upcoming week, pending approval by the U.S. Securities and Exchange Commission (SEC) this Thursday. This sentiment comes from an analysis by OKX, a leading crypto exchange. Lennix Lai, OKX’s […]