Bitcoin (BTC) Price, COIN Shares Gain as SEC Set to Drop Charges Against Coinbase

Coinbase (COIN) shares jumped 5% ahead of Friday market opening on news that the U.S. Securities and Exchange Commission (SEC) is poised to drop charges against the crypto exchange. The broader crypto market was also climbing higher with bitcoin (BTC) nearing $100,000 for the first time since early February. The Cryptox 20 Index, a broad-market benhmark, was up 1.7% over the past 24 hours. Tokens that the SEC characterized as securities in previous lawsuits initiated under former chair Gary Gensler’s leadership also advanced as sentiment improved, CoinGecko data shows. The…

21Shares Ethereum ETF Staking proposal acknowledged by SEC

The U.S. Securities and Exchange Commission (SEC) has acknowledged a 19b-4 filing from Cboe BZX Exchange, submitted on behalf of 21Shares, seeking approval to stake Ethereum held within the 21Shares Core Ethereum ETF. On Feb. 20, the SEC published a statement acknowledging receipt of the 21Shares’ Ethereum (ETH) ETF staking proposal following its review of the filing from Cboe BZX Exchange. If approved, this would be the first time an Ethereum ETF offers staking in the United States. By staking ETH, the plan seeks to enable the ETF to produce extra profits,…

Coinbase and Ripple Propose Big Changes as Elon Musk’s DOGE Targets SEC Reform

Crypto leaders are rallying behind Elon Musk’s DOGE initiative, offering bold suggestions to curb SEC overreach, demand accountability, and push for pro-crypto regulatory reforms. Crypto Industry Challenges SEC Amid DOGE Initiative Crypto industry leaders, including executives from Coinbase and Ripple, have responded to the Department of Government Efficiency (DOGE), an initiative led by Elon Musk, […] Source CryptoX Portal

Bank of New York Mellon Holds $13,280,431 Worth of Bitcoin (BTC) Exchange-Traded Funds: SEC Filing

The Bank of New York Mellon (BK) is holding more than $13 million worth of shares in Bitcoin (BTC) exchange-traded funds (ETFs). According to a new filing with the U.S. Securities and Exchange Commission (SEC), Bank of New York Mellon currently holds $13,280,431 worth of shares in Bitcoin ETFs. The bank’s holdings include 115,108 shares of WisdomTree Bitcoin Fund (BTCW) worth about $11.87 million and 25,309 shares of BlackRock’s iShares Bitcoin Trust (IBIT) worth about $1.4 million. Other US banks are also holding BTC ETF shares. Banking giant JPMorgan Chase…

3 Best Altcoins to Buy After SEC Delays Response to Coinbase Appeal

Este artículo también está disponible en español. The SEC has asked for a 28-day extension to respond to Coinbase’s appeal, which could be a sign that the agency’s war against crypto companies, including Coinbase, might end on good terms. The extension not only means that the agency is rethinking its stance on digital assets, but it also gives it time to include the ongoing policy changes in its ultimate decision. After all, the SEC is under new leadership, which should be less restrictive under a pro-crypto Trump regime. For instance,…

SEC Seeks More Time in Coinbase Battle as Crypto Rules Shift

The SEC seeks a 28-day extension to respond to Coinbase’s appeal, citing ongoing crypto regulatory reviews. With a leadership shift under Trump, the agency’s stance on crypto is evolving. SEC Requests Extension in Coinbase Appeal The U.S. Securities and Exchange Commission (SEC) filed a motion on Feb. 14, requesting a 28-day extension to respond to […] Source BitcoincryptoexchangeExchanges CryptoX Portal

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

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

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…