ProShares to Launch Three XRP-Linked ETFs After SEC Approval, Marking a New Era for Crypto Investments
In a significant move for the cryptocurrency industry, ProShares Trust has received approval from the U.S. Securities and Exchange Commission (SEC) to launch three Exchange-Traded Funds (ETFs) tracking XRP futures. Set to debut on April 30, 2025, these new ETFs…
OpenSea Requests Regulatory Clarity on NFT Marketplaces from SEC
NFT marketplace OpenSea is seeking clarification from the U.S. Securities and Exchange Commission (SEC) about its regulatory status. The platform, which sees itself as a “digital bazaar,” wants regulators to distinguish between NFT marketplaces and more traditional securities exchanges or…
Ethereum Investment Landscape Expands as SEC Greenlights Options Trading on Multiple ETFs
In a significant step forward for crypto market maturation, the U.S. Securities and Exchange Commission (SEC) has approved options trading on a select group of Ethereum exchange-traded funds (ETFs), a move likely to reshape how institutional and retail investors approach…
SEC and Gemini Seek 60-Day Pause in Lawsuit to Explore Settlement Options
The U.S. Securities and Exchange Commission (SEC) and crypto exchange Gemini have jointly requested a 60-day pause in the ongoing lawsuit filed by the SEC, in an effort to explore a potential resolution regarding the exchange’s Gemini Earn program. In…
Bitcoin’s Strategic Position Irreplaceable, XRP Proposal Face Questions
The U.S. government should ignore the proposal to consider XRP as a strategic asset, because in the cryptocurrency space, Bitcoin is the only asset with strategic value. Maximilian Staudinger recently submitted a proposal to the U.S. Securities and Exchange Commission…