The decision follows Nasdaq recently also getting permission for options on spot bitcoin ETFs.
Other exchanges have also withdrawn their applications, but some have re-filed.
Ethereum prices recoiled yesterday but are stable when writing. Today, July 23, nine spot Ethereum ETFs began trading on various regulated bourses, mainly the Cboe, Nasdaq, and the NYSE. This listing comes barely two months after the United States Securities and Exchange Commission (SEC) reversed its decision and accelerated the approval process of 19b-4 forms […]
Despite the fun-sounding tickers, the two newly launched Direxion funds saw less than $50,000 in combined trading volume on their first trading day.
The long-awaited arrival of spot Bitcoin ETFs in January 2024 has proven to be a watershed moment for the cryptocurrency market. Industry figures like Lynn Martin, president of the New York Stock Exchange Group, are crediting these exchange-traded funds with a surge in liquidity and mainstream adoption of cryptocurrencies. Related Reading: Elon Musk Shuts Down […]
Ether’s price performance is hindered by stagnant network use, high fees and regulatory uncertainty.
Officials reportedly contacted the Nasdaq, the Chicago Board Options Exchange and the New York Stock Exchange to make updates and changes to existing spot Ether ETF applications.
Bakkt has posted back-to-back losses and a plummeting share price since listing in October 2021 and the NYSE is threatening to pull it.
The institutional digital asset trading platform unveiled in 2018 amid huge fanfare has just disclosed it “might not be able to continue as a going concern.”
Spot bitcoin ETFs are launching in the U.S. on Thursday. Here's what the issuers and exchanges behind these products have to say.