Trump Media taking the plunge into the crypto ETF market? It’s either genius-level chess or a regulatory house of cards poised to fall down. You have to wonder, is this really about revolutionizing finance, or just hopping on the bandwagon to make a quick buck?A Crypto ETF: Why Now?Let's break...
Get ready, the crypto market is positively buzzing these days! The Securities and Exchange Commission (SEC) appears to be shifting towards this direction and moving closer to a uniform framework for Exchange Traded Funds (ETFs). The development is fueling speculation that a new age of digital asset products is dawning....
Possibly just in time for one of the most anticipated “Altcoin ETF Summer” ever. That transformative growth might just take flight with the probable approval of exchange-traded funds (ETFs) tied to a host of other altcoins. This optimistic expectation is the result of recent changes in the SEC’s position regarding...
My vantage point as a Johannesburg resident gives me a different view on the overall crypto narrative. It’s a world away from the summer breakouts hype and of course, those bold Bitcoin at $200K predictions. Here, the digital gold rush appears much sharper through the lens of many as fool’s...
As with anything ETF-related in a world of cryptocurrency, it’s complicated. A recent turn of events with Grayscale’s GDLC fund proved just how alluring it can be. The SEC previously approved the ETF conversion of Grayscale’s GDLC fund on an accelerated basis. They then quickly moved to stay the order...
The SEC giveth, and the SEC taketh away. You may recall that conditional approval of Grayscale’s Digital Large Cap Fund (GDLC). Seemed like a step forward, right? Bitcoin, Ethereum, even a smattering of those crazy altcoins finally getting a place at the grown-ups’ table. Then, BAM! Indefinite pause. What gives?Buy-in...
Speaking of waiting, the U.S. Securities and Exchange Commission (SEC) has again delayed its decision on Grayscale’s application for a proposed altcoin exchange-traded fund (ETF). This delay underscores the ongoing regulatory challenges and cautious approach the SEC is taking toward investment products involving diverse digital assets. This decision highlights the...
The Securities and Exchange Commission (SEC) has issued an administrative halt on the approval for Grayscale’s Digital Large Cap Fund (GDLC). As referenced, this delay has meaningful impact on its conversion to an ETF. That fund, currently composed of Bitcoin, Ethereum, XRP, Solana, and Cardano is the first fund to...
The SEC giveth, but the SEC taketh away. One minute, Grayscale's Digital Large Cap Fund (GDLC) looks set to become an ETF, offering investors diversified exposure to crypto beyond just Bitcoin and Ethereum. The next? Poof. Indefinite pause. What gives?Look, I get it. The SEC has a job to do....
With the SEC’s recent stop of Grayscale’s Digital Large Cap Fund (GDLC) ETF conversion, the recent decision regarding XRP, Solana, and Cardano has sent waves of uncertainty across the entire crypto market. While analysts predict ultimate approval, this sudden pause begs the question: Is this a calculated delay to benefit...
