Centralized Bitcoin treasuries hold 31% of BTC supply: Gemini

Centralized Bitcoin treasuries hold 31% of BTC supply: Gemini

Centralized treasuries, including governments, ETFs and public companies, now control approximately $668 billion of Bitcoin’s circulating supply. Almost a third of the Bitcoin supply is held and controlled by centralized treasuries, and early adopters hold a disproportionate share, according to recent research by Gemini and Glassnode.  Centralized treasuries, including governments, exchange-traded funds, and public companies,…

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SEC says REX-Osprey staked SOL and ETH funds may not qualify as ETFs

SEC says REX-Osprey staked SOL and ETH funds may not qualify as ETFs

The SEC responded shortly after the issuers filed effective registration amendments for staked SOL and Ether exchange-traded funds. The United States Securities and Exchange Commission (SEC) responded to the effective registration amendment for Solana (SOL) and Ether (ETH) staked exchange-traded funds (ETFs) from ETF provider REX Financial and asset management firm Osprey Funds, raising concern…

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Nasdaq files for 21Shares Sui ETF, kicking off SEC review

Nasdaq files for 21Shares Sui ETF, kicking off SEC review

Nasdaq has filed with the SEC to list 21Shares spot Suit ETF, jumpstarting the agency’s review of the proposed listing. Nasdaq has filed for crypto asset manager 21Shares to list a spot Sui exchange-traded fund (ETF) in the US, initiating the Securities and Exchange Commission’s review process. The stock market’s May 23 19b-4 filing, which…

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