SEC Urges Grayscale to Withdraw Filecoin Trust Application Over Security Concerns
The U.S. Securities and Exchange Commission (SEC) called on Grayscale to withdraw its application to launch the Filecoin Trust fund because the Filecoin cryptocurrency could be recognized as a security. According to Grayscale Investments, the company filed a Form 10 appli ...
Ark Invest Remains Bullish on Coinbase, Purchases $8.6 Million in Shares Despite SEC Lawsuit
The value of the deal was $8.6 million And Ark Invest had already purchased shares of the company last month Kathy Wood's Ark Invest fund bought Coinbase stock again. They remain bullish on the most famous U.S. cryptocurrency exchange. And seem confident that ...
Institutional Investors Show Strong Interest in Cryptocurrency ETFs
BBH recently conducted a sentiment survey among institutional investors, revealing a significant interest in cryptocurrencies, despite a temporary slowdown in purchases. BBH analysts surveyed a diverse group of 325 institutional investors, financial advisors, and fund managers from the US, UK, Eu ...
Collapse of FTX Cryptocurrency Exchange Postpones Launch of Bitcoin ETFs in US, Says Valkyrie Investments Director
The director of investments at Valkyrie believes that the recent collapse of the FTX cryptocurrency exchange has caused a delay in the launch of exchange-traded funds tied to bitcoin in the United States. Steven McClurg expressed his opinion on the status of spot ETFs for bitcoin to journalists. ...
Rich Dad Poor Dad Author Advocates for Precious Metals and Bitcoin in the Face of Economic Collapse
Robert Kiyosaki, the acclaimed author of the best-selling book Rich Dad Poor Dad, has recently voiced his support for the first cryptocurrency and predicted the collapse of the American economy. Kiyosaki has repeatedly emphasized the challenging times ahead for both the American and global econom ...