The crypto market has increased by 0.4% to $3.57 trillion over the last 24 hours but is still 1.4% below last week's levels. Cryptocurrencies are slowly and rather erratically climbing out of the dip they fell into on Monday. The market remains sensitive to negative news but is recovering cautiously, avoiding excessive optimism.
The Bitwise fund's asset allocation reflects market capitalization proportions, comprising 83% Bitcoin and 17% Ethereum.
The SEC has expedited the approval of Bitwise's combined $BTC and $ETH ETF, marking a stark contrast from the Gensler SEC's waiting period for approving similar offerings.
As crypto ETFs filings surged after Gensler's exit, we reflect on the performance of Bitcoin ETFs one year after their approval by the SEC.
Key Takeaways Trump signed an executive order on digital assets, seeking recommendations on regulations and possibly setting up a digital stockpile.The SEC has already become more friendly to the crypto industry by rescinding SAB 121,
The U.S. Securities and Exchange Commission (SEC) gave the green light for NYSE Arca to list and trade shares of Bitwise's Bitcoin and Ethereum exchange-traded fund (ETF). The approval was granted on an "accelerated basis," signifying a positive step for the cryptocurrency market within the regulatory landscape.
Bitcoin has rallied over 50% since Donald Trump’s election win and is currently trading near the $106,000 mark.
The Bitwise Bitcoin and Ethereum ETF from Bitwise Asset Management would seek to provide investors with a balanced exposure to the two digital assets, weighted by their market capitalization. The structure of the fund will be similar to existing ETFs that hold either bitcoin or ether directly.
You’re going to be very happy with me,” Donald Trump told thousands of rapt Bitcoin believers back in July. I was standing within the throng, having gone down to Nashville to cover the annual Bitcoin conference last summer.
Speculative meme coin funds will test the Securities and Exchange Commission’s boundaries under President Trump.
The Securities and Exchange Commission has approved part of an application by Bitwise Asset Management for a combined bitcoin (BTC-USD) and ether (ETH-USD) exchange-traded fund. The proposed Bitwise Bitcoin and Ethereum ETF will hold both spot bitcoin (BTC-USD) and spot ether (ETH-USD) weighted according to their market capitalizations,