The proposed rule change will allow Wilshire Phoenix Fund to list shares of ETF on NYSE Arca. SEC has declared that the public can comment on the aforementioned matter within 21 days’ time period.
JPMorgan Chase suggests that there is an increase in institutional interest which caused the Bitcoin futures volume to increase by 118% compared to the volumes recorded in April.
Ripple has entered the Latin American market by opening an office in Brazil in a move that aims to accelerate the speed of blockchain technology adoption and usage throughout the world.
CoinMarketCap Data Accountability and Transparency Alliance has already been joined by Binance, Bittrex, OKEx, Huobi, Liquid, UpBit, IDEX, OceanEX, Gate.io, KuCoin, HitBTC and Bitfinex.
The U.S. securities regulator continues to remain firm on its decision of not approving the Bitcoin ETF anytime soon. Next window for ETF decision now in May 2019.
Crypto price aggregator CoinMarketCap says it plans to make a number of changes to address concerns that the site reports fake volume for Bitcoin, Ethereum, XRP and more than 2,000 altcoins.
While many use CoinMarketCap as a go-to resource for cryptocurrency market data, roughly 95% of Bitcoin trading volume reported by this website is fake, according to Bitwise Asset Management report.
Professional crypto trader and writer Bill Adams takes a look the biggest developments in the Bitcoin ETF saga, unveiling the chances for eventual ETFs approval in 2019.
According to Ric Edelman, the founder of Edelman Financial Engines, ETFs will eventually meet the demands of the SEC and get the Commission’s approval.
NYSE Arca has completed the official documentation for the Bitwise Bitcoin ETF which is now pending the review of the SEC for further decision.