US SEC to Approve Ethereum ETF in May, Standard Chartered Predicts

US SEC to Approve Ethereum ETF in May, Standard Chartered Predicts

ByNews Polite

The US Securities and Exchange Commission is likely to allow exchange-traded funds to hold the cryptocurrency Ethereum in May, Standard Chartered predicts. May 23 is the last date by which the agency must consider ETF applications from VanEck and Ark 21Shares, the bank said in a research report Tuesday. The…

US Bitcoin ETFs See $4.6 Billion in Volume in First Day of Trading, Grayscale and BlackRock Dominate

US Bitcoin ETFs See $4.6 Billion in Volume in First Day of Trading, Grayscale and BlackRock Dominate

ByNews Polite

US-listed bitcoin exchange-traded funds (ETFs) saw $4.6 billion worth of shares trade hands as of Thursday afternoon, according to LSEG data, as investors jumped into the landmark products approved by the US securities regulator on Wednesday. The products mark a watershed moment for the cryptocurrency industry that will test whether…

Cryptocurrencies Pose Risks to Emerging Markets, Central Bank’s Stand Remains Unchanged: RBI Governor

Cryptocurrencies Pose Risks to Emerging Markets, Central Bank’s Stand Remains Unchanged: RBI Governor

ByNews Polite

Cryptocurrencies can pose significant risks to emerging markets, the Reserve Bank of India (RBI) chief said on Thursday, cautioning that the central bank’s stand on the issue remains unchanged despite wider acceptance in other countries. “Our position, my position and the RBI’s position on this (cryptocurrencies) remains unchanged irrespective of…