Bitwise

SEC to Boost Access to Crypto Investments With Proposed New Accredited Investor Definition

</header> <strong>The U.S. Securities and Exchange Commission (SEC) has proposed amending the definition of “accredited investor” — a move that will increase access to regulated cryptocurrency investments. A number of them are currently only available to accredited investors. Among other changes, a person can qualify based on professional knowledge, experience, or certifications.</strong> Also read: Lagarde …

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SEC Wants Second Look at Bitwise Bitcoin ETF Proposal

<header class=”article__header”> </header> <strong>The U.S. Securities and Exchange Commission (SEC) is reviewing its order issued last week pertaining to a rejected proposal for a bitcoin exchange-traded fund (ETF). The proposal was filed by NYSE Arca for the Bitwise Bitcoin ETF Trust. Meanwhile, the SEC is also evaluating a proposed rule change for a different type …

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SEC Rejects Another High-Profile Bitcoin ETF Proposal

<header class=”article__header”> </header> <strong>Another high-profile proposal for a bitcoin exchange-traded fund (ETF) has been denied by the U.S. Securities and Exchange Commission (SEC). T</strong><strong>he agency, however, emphasized that the disapproval was not based on whether bitcoin has utility or value as an innovation or an investment. Shares of the Bitwise Bitcoin ETF Trust were to …

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SEC Rejects Bitwise’s Latest Bitcoin ETF Proposal

The U.S. Securities and Exchange Commission (SEC) has rejected the latest attempt at creating a bitcoin exchange-traded fund (ETF). The SEC announced Wednesday that the ETF proposal, filed by Bitwise Asset Management in conjunction with NYSE Arca, did not meet legal requirements to prevent market manipulation or other illicit activities. The order read: “The Commission is disapproving this …

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7 Crypto Exchange-Traded Products Now Live on Swiss Bourse

<header class=”article__header”> </header> <strong>Switzerland’s principal stock exchange now has seven cryptocurrency exchange-traded products (ETPs) listed. They allow investors to either gain exposure to individual cryptocurrencies or invest in portfolios of top cryptocurrencies. Four ETPs track the prices of single cryptocurrencies.</strong> Also read: New Evidence Escalates Panic as RBI Still Limits Bank Withdrawals Crypto Index in …

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Bitwise Tells SEC: ‘Bitcoin Now a Regulated Market of Significant Size’

Crypto index fund provider, Bitwise Asset Management, has given another presentation to the United States Securities and Exchange Commission (SEC) in its bid for regulatory approval of its proposed Bitcoin exchange-traded fund (ETF).  In a memorandum, issued Sept. 17, the SEC published Bitwise’s presentation outlining why it believes the SEC’s concerns have been largely met. …

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Bitcoin ETF: How SEC Exemptions Help Firms Offer Interim Products

<header class=”article__header”> </header> <strong>There are several exemptions the U.S. Securities and Exchange Commission (SEC) offers that allow companies to launch their bitcoin investment products without registration. While waiting for the SEC to approve their bitcoin ETF, some firms have taken advantage of these exemptions to offer an interim product.</strong> Also read: Indian Government’s New Report …

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Huobi Clamps Down on Crypto Wash Trading After Bitwise Report

Huobi Global said it does not engage in any wash trading, and has taken steps to discourage such activity in the wake of a report implying the crypto exchange reported fake trading volume. Livio Weng, CEO of Huobi Global, told CoinDesk through a spokesperson that the exchange “is not involved in any wash trading,” and …

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SEC Commissioner Says Time Is Right for Bitcoin ETFs — 3 Funds Pending

<header class=”article__header”> </header> <strong>The U.S. Securities and Exchange Commission (SEC) is currently reviewing three bitcoin exchange-traded funds (ETFs), one of which was filed last week to track the prices of two cryptocurrencies. An SEC commissioner said at the Consensus conference on Monday that the time is right for a bitcoin ETF, as the commission is …

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SEC Again Delays Decision on Bitwise Bitcoin ETF Approval

The U.S. Securities and Exchange Commission (SEC) again delayed a decision on whether to approve or reject a bitcoin exchange-traded fund (ETF) on Tuesday. In a new document published by the SEC, the regulator said it would hold off on making a decision on the Bitwise ETF proposal filed with NYSE Arca. The proposal was first filed in January …

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