SEC Delays on Bitwise, Grayscale Crypto Index ETFs Spark Market Confusion

SEC delays on Bitwise, Grayscale crypto index ETFs spark market confusion

The post SEC delays on Bitwise, Grayscale crypto index ETFs spark market confusion appeared on BitcoinEthereumNews.com. Key Takeaways  SEC pause and delays on crypto index ETFs by Bitwise and Grayscale spark confusion. Policy watchers decried that the stalling shouldn’t happen under Atkins’ watch.  The Securities and Exchange Commission (SEC) has hit headlines after it paused crypto index ETF products by Bitwise and Grayscale from trading despit…

SEC Approves Bitwise XRP ETF, Then Halts It Hours Later- But Why? - Crypto News Flash

The SEC’s abrupt reversal on Bitwise’s ETF approval has raised doubts over internal processes. Delays and regulatory hesitations continue as the SEC reviews its approach to crypto-based ETFs. The SEC permitted approval for the 10 Crypto Index Fund of Bitwise to convert into an exchange-traded fund (ETF) on July 23rd, only to put that approval on hold shortly afterwards. This action has garnered criticism as well as concerns about the agency’s in…

The SEC Accidentally Gives Out "Buy the Dip" Watchlist for Altcoins

The SEC’s recent action on the Bitwise ETF has put a spotlight on the nine altcoins in its portfolio This list, including ETH, XRP, SOL, and ADA, is seen by many as an institutional-grade crypto watchlist Analysts have laid out ambitious price targets for these tokens that traders are watching amid the dip. The crypto market has slipped into red, and many investors are now looking at altcoins ‘to buy’ amid the ongoing dip.  Recently, the U.S. SE…

Bitwise ETF: SEC Gives Greenlight, Hits Pause Button Hours Later - 99Bitcoins

Bitwise made it through the front door, only to get shoved down the hallway and told to screw off. On Tuesday, the SEC’s trading division approved a first-of-its-kind multi-crypto ETF before the agency’s top brass froze it. The pause came via Rule 431, a procedural tool used when internal consensus is polarized. Is this the deliberate slowing down of cryptoization in America? “SEC Division of Trading & Markets has approved the Bitwise 10 Crypto …

XRP wipes out massive $20 billion in a day after bizarre SEC ETF decision · Cardano Feed

XRP’s market capitalization has plunged by almost $20 billion amid rising regulatory uncertainty and broad market turbulence.  Notably, the market has dropped by $18.37 billion within 24 hours, falling from...