
August 16th, 2025
The demand for BTC is expected to skyrocket once a spot exchange-traded fund ETF is approved by the US SEC.
The anticipation surrounding a possible settlement revolves around the expectation that once a deal is inked, it will take away the gloom that still clouds Ripple Labs’ operations and finally set the firm and XRP on a path to truly thrive.
Pando has named the Bank of New York Mellon as the official administrator of the ETF.
Grayscale is hoping that the proposed changes to GBTC’s Trust Agreement would help both the company and GBTC to achieve operational efficiencies.
The Forbes Under 30 List, including all categories and individual profiles are available on the Ethereum blockchain for permanence.
Even though Binance acts as an approved broker in some places overseas, it still has to meet many legal requirements to handle securities activities in the Philippines under the country’s Securities Regulation Code.
The revised proposal allows the ETF to utilize both in-kind and cash mechanisms. The ETF plans to store Bitcoin in cold storage, with custody services provided by Coinbase Custody Trust.
The update from the SEC appears to suggest that it plans to approve all Bitcoin exchange-traded funds (ETFs) at once.
According to the US Commodity Futures Trading Commission (CFTC), allegations of money laundering against Binance may be just the tip of the iceberg.
With the United States lacking an extradition treaty with the UAE, Seattle Judge Richard Jones ordered that CZ must remain with the country for the time being before he determines where the crypto billionaire is a flight risk.
Shein has hired three US-based financial companies – Goldman Sachs, JPMorgan Chase, and Morgan Stanley – as underwriters for the upcoming IPO.
COIN is presently trading at $119 after closing at $115 on November 27, which is the highest close since May 2022. The price now has minimal resistance ahead as it is moving toward $130, the May 2022 high.
The SEC website showed one memorandum with details of a discussion with BlackRock, and another one on a discussion with Grayscale.
Bitcoin has seen a positive trend over the past few weeks after dropping to a new all-time low last year due to the crypto winter that wiped billions of dollars from the industry.
The commission now has access to all of the exchange’s records, which could serve as a catalyst for uncovering additional instances of mishandled funds or suspected fraudulent activities.