The new SEC chairman is expected to withdraw the appeal Gensler’s team filed. Most analysts predict a further rise for the Ripple cryptocurrency. With the arrival of 2025, the inauguration of the president-elect of the United States, Donald Trump, is getting closer. The president is scheduled to take office on January 20. There are only … Read more
These companies have adopted “the bitcoin pattern,” according to Nate Geraci. MicroStrategy is the leading company in this niche, with more than 400,000 bitcoin in its possession. The investment firm Bitwise filed yesterday, December 26, an application with the United States Securities and Exchange Commission (SEC) to launch the “Bitwise Bitcoin Standard Corporations ETF.” This … Read more
According to Deaton, DOGE could drive the union of these institutions in the United States. In the past, the CFTC argued that Ethereum was a security, encroaching on SEC grounds. On December 13, 2024, John E. Deaton, former candidate for United States Senator, explained through his X account why the SEC (Securities and Exchange Commission) … Read more
Grayscale joins four other companies that also want to issue their Solana ETF. After hearing the news, Solana rose 7% and is trading at $237. Grayscale Investments and NYSE Arca filed a 19b-4 application with the U.S. Securities and Exchange Commission (SEC) to issue a Solana exchange-traded fund (ETF). The application aims to convert the … Read more
After Trump makes his nomination, Congress must approve the appointment. Gensler, current president of the organization, will be at the SEC until January 20, 2025. An expected announcement would be confirmed in the next few hours. Donald Trump has nominated Paul Atkins, who has openly expressed his support for the cryptocurrency industry, to chair the … Read more
Officially, 4 companies have already requested permission to launch their XRP ETFs. Last week the company registered its XRP ETF in the state of Delaware. WisdomTree requested official authorization to launch an ETF based on XRP, Ripple’s cryptocurrency. The company filed an S-1 document with the US Securities and Exchange Commission (SEC), a necessary step … Read more
The prolonged legal dispute between the United States Securities and Exchange Commission (SEC) and the company Ripple Lab, issuer of the XRP token, has the community divided, as some think that the controversy will end with the arrival of Donald Trump to the White House. Meanwhile, others believe that the legal battle will continue regardless … Read more
This company has more than $100 billion in assets under management. Canary Capital, Bitwise and another company have applied to launch their own XRP ETF. The asset management firm WisdomTree joined this Monday, November 25, the list of companies seeking authorization to create and trade an exchange-traded fund (ETF) based on XRP, Ripple’s cryptocurrency. The … Read more
Gary Gensler, current president of the United States Securities and Exchange Commission (SEC), officially announced today that he will leave his position on January 20, 2025. It will be precisely the day of Donald Trump’s inauguration as the new president of the North American nation. In his public statement, Gensler expressed the honor he has … Read more
According to Erik Balchunas, this was the “second hurdle” to approving Bitcoin ETF options. An ETF option gives you the right, but not the obligation, to buy or sell an ETF. The US Commodity Futures Trading Commission (CFTC) announced that it is withdrawing from any role in clearing spot ETF options, paving the way for … Read more