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(Bloomberg) -- The US Securities and Exchange Commission is poised to allow the first exchange-traded funds based on Ether futures, a major win for several firms that long have sought to offer the products.Most Read from Bloomberg‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateChina Evergrande Group Files Chapter 15 Bankruptcy in New YorkGoldman Plans Hiring Spree to Fix Lapses After Increased Fed ScrutinyNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysGlobal Yields Re

The Securities and Exchange Commission (SEC) is not going to amend its position against allowing exchange-traded funds (ETFs) in Bitcoin spot markets.

The United States Securities and Exchange Commission (SEC) has delayed its decision regarding the approval or disapproval of a spot Bitcoin exchange-traded fund (ETF) filed by ARK Invest.

A number of crypto lobbying groups, U.S. Senator Cynthia Lummis (R-Wyo.), and a number of academics have joined forces to submit amicus (friend of the court).

(Bloomberg) -- Bitcoin ETF candidates got another dose of disappointment when US regulators on Friday punted on making a decision on such a product. But the next time they hear from them might be just a few weeks away. Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaDavid Solomon Scrutiny Spreads From Goldman to Alma MaterBond Market Sees No End to Tumult as Fed Casts a Hawkish ShadowHackers Trick AI With ‘Bad Math’ to Expose Flaws and BiasesLook to the Opt