Newsletter Dec 19, 2023
BlackRock Bends The Knee To SEC's Demand, Amended ETF Filing Features Cash Creation, Redemption Model

BlackRock had two choices for its spot Bitcoin ETF application – give in to the SEC's preferred model or wait until the regulator approves in-kind redemption.


Bitcoin ETF Approvals Could 'Unlock Floodgates Of Advised Wealth' For BTC: Grayscale CEO

Sonnenshein, in an interview, talked about the importance of launching a spot Bitcoin ETF in the U.S., highlighting the magnitude of wealth held within advised assets and the significant opportunity a regulated BTC ETF could offer to tap into these vast resources.


ARK Invest Yields To SEC's Instruction As First Wave Of Possible Bitcoin ETF Approvals Nears

ARK's latest move suggests that the U.S. Securities and Exchange Commission did not budge on its preferred creations and redemptions model.

CFTC Ends Enforcement Action; US Court Approves Billion-Dollar Settlement With Binance, CZ

Aside from the payment of fines, the court order also obligates Binance and Zhao to issue certifications on the existence of the application and efficacy of improved compliance control of Binance and "permanently enjoins them from further violations as charged."

Bitcoin Dominance Plummets But Spot BTC ETF Progress Sparks Hope For $45K Target

Bitcoin ended last week at around $41,400, recording a 5.5% loss from the previous week's closing value of around $43,800. It continued to dip Monday, reaching a weekly low of about $40,425.

IBTimes will always protect your security and privacy. Please read our detailed Privacy Policy. Please do not reply to this email. Click here to adjust your notification preferences or unsubscribe
© Copyright 2023 IBTimes LLC. All Rights Reserved.