Cryptocurrency

US SEC asks exchanges to fine-tune ether ETF filings in positive sign for approval, say sources May 21, 2024 08:46AM

By Suzanne McGee and Hannah Lang

(Reuters) -The U.S. securities regulator on Monday asked Nasdaq, CBOE and NYSE to fine-tune their applications to list spot ether exchange-traded-funds (ETFs), signaling the agency may be poised to approve the filings, multiple people familiar with the process told Reuters.

Securities and Exchange Commission officials asked the exchanges to submit their revisions by the end of Tuesday, two of those sources... (continue reading...)

US SEC on Monday Asked Nasdaq, CBOE to Tweak Spot Ether ETF Filings - Reuters May 21, 2024 08:26AM (Updated - May 21, 2024 8:26 AM EDT)

US SEC on Monday Asked Nasdaq, CBOE to Tweak Spot Ether ETF Filings - Reuters

• The request may signal regulators are poised to approve filings.

Cryptocurrencies gain as investors turn optimistic on ether ETFs May 21, 2024 05:45AM

LONDON (Reuters) - Ether was set for its largest two-day gain in nearly two years on Tuesday amid speculation about the outcome of applications for U.S. spot exchange-traded funds that track the world's second-biggest cryptocurrency, while bitcoin also approached a record high.

Ether, which underpins the ethereum blockchain network, was 8% higher on the day at $3,775, its highest in two months, after jumping 13.8% on Monday.

Top... (continue reading...)

Bitcoin rises to $70,206 May 20, 2024 05:25PM

(Reuters) - Bitcoin rose to $70,206 at 20:03 GMT on Monday, adding $3,931 to its previous close.

The world's biggest and best-known cryptocurrency is up 82.3% from the year's low of $38,505 on Jan. 23.

Ether, the coin linked to the ethereum blockchain network, rose 13.3% on Monday to $3500.

The approval and launch of spot bitcoin exchange-traded funds in the U.S. this year has opened the asset class to new investors and... (continue reading...)

Grayscale Investments Announces CEO Transition, Peter Mintzberg Appointed CEO May 20, 2024 09:05AM

Grayscale Investments, the world’s largest crypto asset manager, today announced the appointment of Peter Mintzberg as Chief Executive Officer, effective August 15, 2024, at which time Mintzberg will also join Grayscale’s Board of Directors. Mintzberg succeeds Michael Sonnenshein, who has stepped down from the position to pursue other interests. In the intervening period, Grayscale's Chief Financial Officer Edward McGee will assume the role of principal executive... (continue reading...)