Breaking News: SEC – Market Insights, Analysis & Latest Updates

The Daily: US Bitcoin ETFs witness record outflows, SEC approves first spot Bitcoin and Ethereum combo funds and more

U.S. Bitcoin ETFs face record outflows; first combo ETFs approved; crypto market downturn continues; Metaplanet raises funds for Bitcoin purchases; Copper withdraws UK application.

theblock.co • 20/12/2024 - 19:01 PM

SEC approves first spot Bitcoin and Ethereum combo ETFs from Hashdex and Franklin Templeton

The SEC has approved Hashdex and Franklin Templeton's crypto index ETFs, the first of their kind in the U.S., marking significant growth in the crypto ETF market.

theblock.co • 20/12/2024 - 11:57 AM

Stand with Crypto advocates flood Senate with 107,000 emails opposing SEC Crenshaw's renomination

Crypto advocates sent over 107,000 emails to U.S. senators opposing Caroline Crenshaw's SEC renomination, calling for a favorable crypto policy and expressing their discontent with political influences.

theblock.co • 17/12/2024 - 22:13 PM

NFT collection CyberKongz says it has received a Wells Notice from SEC

CyberKongz received a Wells Notice from the SEC signaling potential charges, leading the NFT collection to advocate for clearer crypto regulations amidst ongoing enforcement actions.

theblock.co • 16/12/2024 - 21:27 PM

TD Cowen says SEC likely to forge on with crypto rules without Democratic commissioners in the new year

Post-elections, Republicans will dominate the SEC, leading to faster crypto regulations but potential risks of partisanship affecting policy stability, warns TD Cowen's Jaret Seiberg.

theblock.co • 16/12/2024 - 18:11 PM

SEC

Crypto Council for Innovation CEO Sheila Warren plans to step down in January

Sheila Warren, CEO of CCI, is resigning in January after three years of leadership through industry challenges. Ji Hun Kim appointed as acting CEO.

theblock.co • 13/12/2024 - 21:24 PM

Incoming committee chair Rep. French Hill plans to prioritize digital asset legislation in the new year

French Hill prioritizes digital asset regulation in 2025, supported by GOP; discussions on a strategic bitcoin reserve also surface, highlighting legislative interest in cryptocurrencies.

theblock.co • 13/12/2024 - 17:32 PM

Senate committee's planned vote to confirm SEC Commissioner Caroline Crenshaw is up in the air following pushback

Some in the crypto industry want SEC Commissioner Caroline Crenshaw out, citing a speech she made following the approval of spot Bitcoin exchange-traded products earlier this year. Crenshaw voiced concerns that spot Bitcoin products were subject to fraud and manipulation and said she was concerned investors may believe that they offered some protections when they do not.

theblock.co • 11/12/2024 - 23:34 PM

Bernstein predicts MicroStrategy's momentum to further accelerate amid potential Nasdaq 100 inclusion

Bernstein analysts expect MicroStrategy's strong performance to continue with Nasdaq 100 inclusion, despite concerns over premiums to NAV and its heavy bitcoin investments.

theblock.co • 11/12/2024 - 12:01 PM

Major Japanese trading platform Coincheck becomes second crypto exchange to go public on Nasdaq

Coincheck, Japan's second-largest crypto exchange, will list on NASDAQ after merging with Thunder Bridge Capital, marking its public debut amid industry growth and a $1.3 billion valuation.

theblock.co • 11/12/2024 - 03:21 AM

Currency