March 5th, 2026
A Bitcoin ETF has been approved in North America. Canadian securities regulators on Thursday approved the first publicly traded Bitcoin exchange-traded fund Purpose Bitcoin ETF.
Roubini thinks the crypto industry might collapse if Tether and Bitfinex are indicted later this year.
The Bitwise Crypto Innovators ETF will track crypto companies dealing with digital currency products and services. It won’t have any direct investment in digital currencies or through any derivatives.
GameStop stocks have tumbled all their way down south after last week’s retail frenzy. The SEC has already started investigating the matter looking into the possible players involved in the GME price pump.
The complaint alleges that John DeMarr and Kristijan Krstic violated federal securities laws during the raise back in 2018 and accuses DeMarr and his associate and company promoter Robin of aiding and abetting.
Despite the losses sustained by Melvin Capital amidst the GameStop bet going bad, the company still has very high liquidity.
The blockchain startup noted that the SEC is unwilling to accept XRP’s utility. The Ripple general counsel also said that the SEC action has unnecessarily created doubt among investors leading to their huge financial losses with falling XRP.
This would not be the first time Roblox is suspending its listing plan.
The company had an earlier plan of pricing 50.4 million shares for $30, however, Qualtrics ended up selling 51.7 million at $41.85 per share under the ticker “XM”.
Robinhood revealed that the limited trading of previously restricted securities would be resumed on Friday.
Coinbase has decided to join companies that chose direct listings rather than IPOs to go public and avoid diluting their existing shareholders and handing over cheap stock to new investors.
The Initial Public Offering for the Bitcoin Trust was completed for 230 million Canadian Dollars, equivalent to around 180 million USD.
Ripple has already faced a similar case filed against it by the SEC, which alleges that the XRP token is a security and not a crypto asset.
Catherine Wood also praised the newly nominated head of SEC Gary Gensler is “very pro Bitcoin”.
This move by Coinbase will allow all its current and past employees as well other private stockholders to sell their stock before the IPO on the Nasdaq Private Market.