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The general public does not know this yet, but there is no longer any doubt that a Bitcoin spot ETF will come to the US market, writes Charlie McGlynn of XREX. It's just a matter of when.
Cathie Wood's Ark Invest is seeking approval to launch the US first spot Ethereum ETF. This development, filed with the Securities and Exchange Commission (SEC) on Wednesday.
Grayscale Investments on Tuesday urged the U.S. Securities and Exchange Commission (SEC) to quickly approve its proposed exchange-traded fund that would track bitcoin, following the crypto asset manager's court victory against the agency. A three-judge panel of the District of Columbia Court of Appeals in Washington last week ruled that the SEC was wrong to reject Grayscale's proposed bitcoin ETF without explaining its reasoning, in a case that has been closely watched by the industry and which
A lawyer for the asset manager asked to meet with the SEC 'as soon as practical' to discuss 'the way forward' following a critical court decision that briefly lifted crypto markets.
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