SEC Requests Comments on Franklin Templeton and Hashdex Spot Bitcoin ETFs
The SEC has released an update on its evaluation of the proposed Franklin Templeton and Hashdex spot BTC exchange-traded fund (ETF) applications.
The SEC has released an update on its evaluation of the proposed Franklin Templeton and Hashdex spot BTC exchange-traded fund (ETF) applications.
The Austrian arm of European financial institution Raiffeisen Bank is preparing to introduce the option for its customers to trade cryptocurrencies such as Bitcoin in the coming months.
The management team at Grayscale met on November 20 with representatives from the US Securities and Exchange Commission to discuss plans to convert GBTC into a spot Bitcoin ETF.
Transaction fees have increased significantly, going up by 113% and reaching a total of $18.69. In comparison to the previous year, this marks a 746% increase.
The SEC has announced that it requires more time to decide on allowing a Bitcoin futures ETF and an Ethereum futures ETF to convert into spot ETFs, according to filings made on Wednesday.
Bitfinex predicts that this trend may result in a drop to $31,000 or even $30,000.
MicroStrategy’s 158,400 BTC holdings have experienced an unrealized gain of $1.17 billion, with a 25% increase according to BitcoinTreasuries.

"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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