2024-5-18 10:40 |
Coinbase institutional research analyst David Han believes “there is room for surprise to the upside on this decision.”
origin »
|
The Securities and Exchange Commission had previously only allowed cash redemptions when the spot bitcoin ETFs were approved last January.
“DCG and Moro painted a misleadingly rosy picture,” the acting director of the SEC’s enforcement division, Sanjay Wadhwa, wrote.
The announcement comes fresh on the heels of World Liberty’s purchase of $500,000 worth of ENA tokens.
Traders believe that the approval of options for Bitcoin exchange-traded funds will inject much-needed liquidity into the markets.
The Securities and Exchange Commission first filed the lawsuit against Ripple Labs and its founders in December 2020.
Elon Musk and his various companies are currently facing regulatory scrutiny in Brazil, the European Union, and the United States.