SEC Delays Decision On Staking For Grayscale’s Ethereum ETFs
The US Securities and Exchange Commission (SEC) has announced a delay in its decision regarding the approval of staking for Ethereum ETFs from asset manager Grayscale. This setback comes as the SEC awaits the confirmation of pro-crypto commissioner Paul Atkins, whose appointment has yet to be finalized. SEC Postpones Staking Approval On Ethereum ETFs On […]
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Amid the global efforts to adopt crypto, members of the Riksdag, the Swedish Parliament, are urging the country’s finance minister, Elisabeth Svantesson, to evaluate a Bitcoin (BTC) Reserve for Sweden’s holdings. Related Reading: SEC Delays Decision On Staking For Grayscale’s Ethereum ETFs Swedish Lawmaker Proposes Bitcoin Reserve On Monday, Member of the Swedish Parliament and […]
In a recent development, the US Securities and Exchange Commission (SEC) has further dampened the mood in the crypto community following its decision to postpone two Spot Ethereum ETF applications. The SEC’s Announcement In two separate releases, the Commission announced that it was delaying its decision on the proposed rule change by the Cboe BZX […]
In a recent interview, US Securities and Exchange Commission (SEC) Commissioner Hester Peirce reopened the discussion of adding staking features to Ethereum ETFs (exchange-traded funds) after their upcoming launch, possibly on July 23. Initially, ETF issuers such as VanEck and Fidelity had sought approval to wager the underlying Ethereum held in their products. However, it […]
The D.C. Circuit Court of Appeals was expected to give a ruling on Grayscale’s Spot Bitcoin ETF lawsuit against the United States Securities and Exchange Commission (SEC) on August 22 following its failure to do so on August 18. However, the crypto community would have to wait longer as the court has once again failed to make a decision. Court Delays Spot Bitcoin ETF Decision For The Third Time According to a tweet by Grayscale’s Chief Legal Officer Craig Salm, the appeal court failed to make a decision regarding his company’s lawsuit against the SEC. However, he pointed out that there....
Canada is now the first country to launch a Solana spot ETF with staking. The Ontario Securities Commission (OSC) has approved four asset managers to offer the new spot Solana: Purpose, Evolve, CI, and 3iQ. The Solana ETF will invest in physical $SOL long-term and stake them to earn more rewards. This will result in better returns than Ether staking. Read on to discover how this development could affect the larger crypto market. We’ll also talk about the Solaxy presale and how it’s at the center of Solana’s potential rise. ETF Race Heats Up The SEC approved a Bitcoin-pegged ETF....