As the Trump administration takes office and Congress moves forward with relevant legislation, Coinbase has submitted several recommendations to the Securities Exchange Commission (SEC), calling for clarity on its regulatory authority over the crypto asset market. Coinbase made four main recommendations to the SEC: 1. Make it clear that "digital assets that do not convey any corporate equity are not securities" and should be regarded as "digital goods". 2. Recognize that it is up to Congress to ...
According to market sources, Japan's cryptocurrency reform bill will be submitted to the Diet after cabinet approval.
The Grey Release Spot XRP ETF (19b-4 application) has been officially filed in the Federal Register, which means that from now on, the SEC will begin its review and will have until October 18 to decide whether to approve or reject the application. The 19b-4 filing is Grayscale's official filing with the SEC to apply for the launch of an XRP-based exchange-traded fund (ETF). The filing has been officially published in the Federal Register, marking the official start of the review process. Accordi...
MEMX, the US stock exchange, has filed with the Securities and Exchange Commission for approval to list the 21Shares XRP ETF as a "commodity trust". The move marks another effort by the US exchange to list an ETF containing spot XRP. The filing also highlights the SEC's shift in stance on cryptocurrencies.
US Senator Chris Rose of West Virginia has submitted a bill to allow the state treasury to invest up to 10% of its funds in bitcoin or precious metals to hedge against inflation risk. The bill stipulates that the state treasury can invest in digital assets with a market value of more than $750 billion, and currently only bitcoin meets the standard. Assets can be held on-chain or invested through ETFs.
According to a 13F filing with the SEC, ParaFi Capital reported that its holdings were valued at $318.90 million in Bitcoin and $43.60 million in Ethereum, and that its total portfolio was $419.60 million in the 13F filing.
The Cboe BZX exchange has filed a Form 19b-4 proposal to allow the 21Shares Core Ethereum exchange-traded fund (ETF) to pledge Ethereum, pending further action from the Securities Exchange Commission (SEC). According to the document, the exchange plans to amend some of the terms of Eth ETP Amendment No. 2 to allow the trust's holdings of Ethereum to be pledged. Bloomberg ETF analyst James Seyffart pointed out that this is the first time it has filed with the SEC...
According to Tesla's 10-K filing with the SEC, Tesla holds a total of 11,509 BTC, which is the first official disclosure of BTC holdings. It is consistent with the previous disclosure of holdings by Arkham.
Coinbase filed a status report in its FOIA (Freedom of Information Act) lawsuit against the SEC. The report states that the previous SEC leadership only superficially searched for documents that should be made available to the public during the ETH 2.0 investigation, while conducting massive regulation through subpoenas and lawsuits. Coinbase is asking the court to order the SEC to conduct an adequate search and provide the required documents without further delay.
Grey release submitted an application for the Dogecoin exchange-traded fund Grayscale Dogecoin Trust, which is reported to be a closed-end fund. Rayhaneh Sharif-Askary, head of product and research at Grayscale, said that Dogecoin represents a paradigm shift in global financial accessibility. Low transaction costs and fast transfer speeds make it the best tool for international remittances, especially in regions with underdeveloped banking infrastructure.
Cboe filed a 19b-4 petition with the U.S. SEC seeking to allow physical creation and redemption of ARK's 21Shares Bitcoin ETF and 21Shares Core Ethereum ETF. Note: When the Bitcoin Spot ETF and the Ethereum Spot ETF are passed, they are only allowed to be created or redeemed in cash, that is, the settlement of buying and selling in cash only.
Monochrome has submitted an application for its third spot cryptoasset ETF, the Monochrome Litecoin ETF (ticker: $LTCC), to Cboe Australia.
According to market news, grey release (Grayscale) and NYSE have submitted Solana ETF applications.
According to the official website of the Delaware State Department, Bitwise has submitted documents to Delaware to apply for registration of the Bitwise Dogecoin ETF. The establishment time is January 22, 2025, and the registration agency is CSC DELAWARE TRUST COMPANY. James Seyffart, ETF analyst at Bloomberg, said: "Note: this is just a trust registration, still not an official ETF filing with the SEC. At least not yet."
A report on crypto and blockchain venture capital, filed by Galaxy Digital Research on January 15, found that 46% of investment funds went to U.S.-based startups, with Hong Kong in second place accounting for 16%. The United States also leads in terms of the number of deals, with 36% of all venture capital (VC) deals involving U.S. companies, followed by Singapore (9%) and the United Kingdom (8%).