SEC approves first US multi-asset crypto ETP, from Grayscale

SEC approves first US multi-asset crypto ETP, from Grayscale

The SEC approved Grayscale’s Digital Large Cap Fund, the first US multi-asset crypto ETP offering exposure to Bitcoin, Ether, XRP, Solana and Cardano. The US Securities and Exchange Commission (SEC) approved the first multi-asset cryptocurrency exchange-traded product (ETP) in the United States, clearing Grayscale’s Digital Large Cap Fund (GLDC) for listing. The fund will offer…

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SEC listing rules to boost crypto ETFs, but no guarantee of inflows: Bitwise

SEC listing rules to boost crypto ETFs, but no guarantee of inflows: Bitwise

Bitwise’s Matt Hougan says a more straightforward SEC listing process could lead to more crypto ETFs, but that doesn’t mean they’ll all attract money. The US Securities and Exchange Commission streamlining the approval process for crypto exchange-traded products (ETPs) may trigger a surge of new offerings, but that doesn’t guarantee their success, a crypto executive…

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Bitwise files for stablecoin, tokenization ETF with US SEC

Bitwise files for stablecoin, tokenization ETF with US SEC

Bitwise’s Stablecoin & Tokenization ETF would track companies tied to stablecoins and tokenization sectors, as demand for onchain assets accelerates under new US rules. Bitwise filed with the US Securities and Exchange Commission (SEC) to launch the “Stablecoin & Tokenization ETF,” an exchange-traded fund designed to track an index split between companies tied to stablecoins…

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SEC delays BlackRock, Franklin Templeton crypto ETF decisions

SEC delays BlackRock, Franklin Templeton crypto ETF decisions

The SEC has extended deadlines for crypto funds tracking Solana and XRP, along with proposals targeting Ether staking. The US Securities and Exchange Commission has delayed decisions on multiple crypto exchange traded funds (ETF) proposals Wednesday, pushing back deadlines for funds including BlackRock and Franklin Templeton. According to SEC filings, the agency has set a new…

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Bitcoin ETPs now hold 7% of Bitcoin's maximum supply

Bitcoin ETPs now hold 7% of Bitcoin's maximum supply

Bitcoin funds now hold more than 7% of the cryptocurrency’s total 21 million coin supply, with BlackRock’s US-based ETF the largest holder. Bitcoin exchange-traded products (ETPs) now hold more than 1.47 million Bitcoin, amounting to 7% of the cryptocurrency’s maximum 21 million coin supply. US-based exchange-traded funds for Bitcoin (BTC) have scooped up the largest…

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