Tag: SEC

Goldman Sachs Holds $1,832,015,357 Worth of Bitcoin and Ethereum Exchange-Traded Funds: SEC Filing

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Financial services giant Goldman Sachs is reportedly holding nearly $2 billion worth of shares in Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs). According to a new filing with the U.S. Securities and Exchange Commission (SEC), Goldman Sachs currently holds $1.63 billion worth of Bitcoin ETFs and $196.3 million worth of Ethereum ETFs, the bulk of the shares coming from BlackRock’s iShares Bitcoin Trust (IBIT). The data unveils that the banking firm owns 24,077,861 shares of IBIT worth more than $1.33 billion, 3,530,486 shares of the Fidelity Wise Origin Bitcoin…

SEC acknowledges Grayscale’s XRP ETF filling

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ripple’s XRP ETF filing gets SEC acknowledgement, sparking hopes for institutional investment, while Yeti Ouro gains momentum ahead of its Stage 3 presale. The U.S. The Securities and Exchange Commission (SEC) has finally acknowledged Grayscale’s 19b-4 filing for an XRP ETF. This decision has had major implications for XRP’s market dynamics, with analysts projecting a surge in institutional investment once approved. Meanwhile, a fast-growing new altcoin, Yeti Ouro (YETIO),…

Top Coins to 100x as SEC Acknowledges First-Ever Dogecoin ETF Filing

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The SEC has acknowledged the filing of a new crypto ETF proposal by Grayscale. That’s the same asset management firm that filed a bid to create a Solana ETF just four days ago. However, this time around, the request is to create a Dogecoin ETF, which makes this the first attempt to launch a meme coin ETF under the pro-crypto Trump administration. Grayscale’s submission proposes to transform the Grayscale Dogecoin Trust Fund into an ETF product, which would track $DOGE’s price on CoinDesk. It’s worth noting that while Trust is…

Top 6 Meme Coins to Buy as SEC Acknowledges First-Ever Solana ETF Application

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Este artículo también está disponible en español. The US Securities and Exchange Commission (SEC) has finally acknowledged a bid to create an exchange-traded fund (ETF) for Solana. The bid was filed by Grayscale, a crypto asset management firm. This is particularly noteworthy because it reflects a change of heart of the top regulatory body. After all, the SEC rejected a similar bid just six weeks ago.  However, that was before Donald Trump arrived in the White House. So, this is another clear signal that the new US government is very…

SEC Officials Instructed to Shrink Cryptocurrency Enforcement Team: Report

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The U.S. Securities and Exchange Commission (SEC) is reportedly downsizing a special unit of more than 50 lawyers and staff members tasked to bring crypto enforcement actions. Citing five people familiar with the matter, The New York Times reports that a leading lawyer in the unit was pulled out from the enforcement division and some were assigned to other departments within the agency. The crypto enforcement unit was created during the first Trump administration but it nearly doubled its size in 2022 under previous SEC chair Gary Gensler, who initiated…

SEC Commissioner Hester Peirce Lays Out 10 Priorities for New Crypto Task Force

The U.S. Securities and Exchange Commission’s (SEC) newly-created Crypto Task Force is working to create long-awaited regulatory clarity for the crypto industry, according to a Tuesday statement from Commissioner Hester Peirce. Pierce, who was appointed by Acting Chair Mark Uyeda to spearhead the Crypto Task Force, laid out 10 of the group’s priorities, including resolving the question of what makes a cryptocurrency a security vs. a commodity, and creating a more “viable” path to registration by modifying the SEC’s existing paths. Other priorities include “provid[ing] clarity about whether crypto-lending and…

SEC Cleaning House: Probes to Be Approved by Commissioners

The alleged change, which would require SEC attorneys to obtain the approval of the commission as a whole, is part of the institution’s new directives aimed at increasing the efficiency of its probes and actions. SEC Allegedly Changing Modus Operandi: Formal Probes Would Need Prior Approval The U.S. Securities and Exchange Commission (SEC) is changing […] Source BitcoincryptoexchangeExchanges CryptoX Portal