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Cardano Outperforms Bitcoin, Ethereum With 11% Gains After Grayscale Applies For First Ever ADA Spot ETF In US
Monday, February 10, 2025 - 11:31pm | 513Cardano (CRYPTO: ADA) surged double digits on Monday evening after digital asset management giant Grayscale Investments applied for the U.S.’s first-ever spot Cardano exchange-traded fund. What Happened: NYSE Arca, a New York Stock Exchange subsidiary, submitted a 19b-4 application on...
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SEC Postpones Decision On Grayscale's Ethereum ETF Proposal, Seeks Public Input
Thursday, January 25, 2024 - 4:04pm | 462The Securities and Exchange Commission delayed its decision Thursday on approving Grayscale's (OTC: GBTC) proposal for a spot Ethereum (CRYPTO: ETH) exchange-traded fund. This decision follows the initial proposal submission by NYSE Arca, Inc. on Oct. 10, 2023. Grayscale's Ethereum...
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FTX Sold $1B Of GBTC, Explaining Part Of Grayscale Outflows
Monday, January 22, 2024 - 3:26pm | 569Since Grayscale Bitcoin Trust (OTC: GBTC) was transformed into an exchange-traded fund (ETF) earlier this month, $1 billion of the $2 billion in outflows were offloaded by FTX's bankruptcy estate. What Happened: According to data reviewed by Coindesk, FTX offloaded 22...
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SEC's Bitcoin ETF Decision Could Make Or Break Your Portfolio: Here's What Experts Predicted At Benzinga's Future Of Digital Assets
Friday, January 5, 2024 - 1:25pm | 658Even as the crypto market awaits a decision on spot Bitcoin ETFs by the U.S. Securities and Exchange Commission (SEC), Bitwise Asset Management Chief Investment Officer Matt Hougan emphasized its monumental yet underappreciated impact, asserting the market had not fully grasped...
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Grayscale's Ethereum ETF Dreams Deferred As SEC Extends Review
Tuesday, December 5, 2023 - 7:36pm | 379The U.S. Securities and Exchange Commission (SEC) on Tuesday announced a delay in its decision regarding the listing and trading of shares of the Grayscale Ethereum (CRYPTO: ETH) Trust. The decision, initially due in December 2023, has been postponed to Jan. 25, 2024, as the SEC required more...
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Court Backs Grayscale: SEC To Reassess Spot Bitcoin ETF Application After DC Circuit Ruling
Monday, October 23, 2023 - 4:56pm | 577The U.S. Court of Appeals for the D.C. Circuit confirmed Grayscale Investments' ruling, mandating the Securities and Exchange Commission (SEC) to reassess the asset management company's application for a spot Bitcoin (CRYPTO: BTC) ETF. This decision aligns with the court's judgment from...
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Grayscale Submits Filing For Bitcoin Trust Transformation; Aims For NYSE Arca Listing
Thursday, October 19, 2023 - 10:32am | 682Grayscale Investments has taken another step forward in its journey to transform the Grayscale Bitcoin Trust (OTC: GBTC) into a spot Bitcoin (CRYPTO: BTC) ETF, by lodging a new registration document with the Securities and Exchange Commission (SEC). This action follows the directive of a D.C....
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What A Difference A Second Makes: Are Markets Prepared For Leap Second?
Tuesday, May 19, 2015 - 1:30pm | 592Every few years, clocks around the world have to be adjusted by one second to account for a slight difference between the time scale and the earth's rotation. While the adjustment may seem minute, the change is panning out to be surrounded by panic as markets worry that it will upset the...
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The Opposite Sketches: The Pay-To-Make Exchanges
Tuesday, August 13, 2013 - 4:12pm | 642Last week, the maker-taker exchanges was touched upon: Nasdaq OM, NYSE Arca (formerly Pacific Stock Exchange) and BATS. These trading venues offer a significant rebate to liquidity providers (limit orders) and charge a taker fee to liquidity sources. For names like Bank of America (NYSE: BAC),...
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New U.S. Options Exchange Gemini Aims To Take Order Flow From Fee-Friendly Marketplace
Monday, August 5, 2013 - 3:34pm | 601Monday, August 5, marked the launch of the International Securities Exchange’s secondary marketplace, Gemini. Originally filed with the SEC under the name Topaz, Gemini is now the twelfth U.S. options market and the third launched within the past 12 months (Miami Options Exchange and Nasdaq BX...