SEC Approves Eight Ethereum ETFs in US
The Securities and Exchange Commission (SEC) yesterday approved a rule change that allows for the creation of ETFs that invest in Ether, one of the largest cryptocurrencies in the world.
The Securities and Exchange Commission (SEC) yesterday approved a rule change that allows for the creation of ETFs that invest in Ether, one of the largest cryptocurrencies in the world.
On Tuesday, the daily trading volume for Ethereum futures ETFs reached a record high as excitement grew over potential spot approvals from the US Securities and Exchange Commission.
Binance.US successfully appealed the suspension of its money-services business license in Florida.
The House of Representatives passed the FIT21 Act on Wednesday with a 279-136 vote, aimed at establishing a clear regulatory framework for crypto assets.
In the first quarter of this year, venture capital investors invested $2.4 billion in blockchain startups, according to a study by Pitchbook cited by Reuters.
The presumptive Republican nominee for the 2020 presidential election, Donald Trump, has stated that his campaign will now be accepting donations in the form of various cryptocurrencies.
Fidelity has revised its Form S-1 filing for an Ethereum-based spot ETF and removed the clause regarding staking.

"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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