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BlackRock's Strategic Shift: Layoffs Amidst Bitcoin ETF Anticipation

BlackRock's Strategic Shift: Layoffs Amidst Bitcoin ETF Anticipation

BlackRock Inc plans to lay off 600 employees, following a similar pattern from 2023. Meanwhile, it eagerly awaits the SEC's decision on its Bitcoin ETF application, a potential game-changer in the crypto market.

Grayscale Has Strong Case against SEC: Chief Legal Officer

Grayscale Has Strong Case against SEC: Chief Legal Officer

A legal official of Grayscale Investment said the company has confidence in a lawsuit against the US SEC. The company is applying to convert its Grayscale Bitcoin Trust (GBTC) product to a spot Bitcoin ETF.

US SEC Postpones Approval of Grayscale's GBTC to Spot BTC ETF Product

US SEC Postpones Approval of Grayscale's GBTC to Spot BTC ETF Product

The United States Securities and Exchange Commission (SEC) has once again postponed the approval of the proposal from Grayscale Investments to convert its flagship Bitcoin Trust (GBTC) into a spot Non-Fungible Token (NFT) product.

Fidelity Reiterates Bitcoin's Unique Value as a Primary Investment Choice

Fidelity Reiterates Bitcoin's Unique Value as a Primary Investment Choice

Fidelity Digital Assets revisits Bitcoin's unmatched value proposition in a recent study, emphasizing its secure, decentralized nature. Shared by MicroStrategy's Michael Saylor, the study advocates for Bitcoin's primary consideration by investors venturing into the digital asset sphere.

U.S. SEC Postpones VanEck’s Bitcoin ETF Application Again

U.S. SEC Postpones VanEck’s Bitcoin ETF Application Again

U.S. Securities and Exchange Commission (SEC) Wednesday once again postponed to decide the application of VanEck Bitcoin Trust’s proposed Bitcoin ETF.

SEC Postpones Decision on Grayscale Ethereum Trust's ETF Application

SEC Postpones Decision on Grayscale Ethereum Trust's ETF Application

The SEC has extended its review period for Grayscale's Ethereum ETF application to January 2024, reflecting a careful evaluation approach towards cryptocurrency ETFs.

Samsung to List Blockchain ETF on the HKEX

Samsung to List Blockchain ETF on the HKEX

The new EFT launched by Samsung will track crypto and blockchain tech companies listed in Asia.

VanEck Launches Mining ETF on List Today

VanEck Launches Mining ETF on List Today

Investment firm VanEck has launched a mining ETF (DAM), which will officially go public on Wednesday.

US SEC Approves Third Bitcoin Futures ETF Application from Teucrium

US SEC Approves Third Bitcoin Futures ETF Application from Teucrium

The United States Securities and Exchange Commission (SEC) has approved America’s third functional Bitcoin Exchange Traded Fund (ETF) product that tracks the futures price of the world’s largest crypto asset.

Cathie Wood's Ark Investment Has Partnered with 21Shares for a Joint Bitcoin ETF

Cathie Wood's Ark Investment Has Partnered with 21Shares for a Joint Bitcoin ETF

Cathie Wood, a top wall street investor and founder and CEO of ARK Investment management firm, has cooperated with 21Shares to apply for the Bitcoin ETF-Ark21Shares ETF jointly.

ECB Blog Casts Doubt on Bitcoin's Value Following ETF Approval

ECB Blog Casts Doubt on Bitcoin's Value Following ETF Approval

ECB blog post criticizes Bitcoin's utility and questions its value, even after SEC's ETF approval, warning of potential societal risks.

The UK's Regulatory Policy Committee is Against the FCA

The UK's Regulatory Policy Committee is Against the FCA

The Regulatory Policy Committee thinks the 2021 action is unjustified now. The Department for Business, Energy, and Industrial Strategy funds the committee. The restriction is "red," meaning it's unsuitable.

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