Proposed filings aim to eliminate the need for individual ETF approvals and come a day after the SEC greenlit in-kind transactions for crypto funds. The Chicago Board Options Exchange (CBOE) has filed a rule change request with the US Securities and Exchange Commission (SEC) to allow crypto fund issuers to list products under a unified framework, potentially removing the need for individual approvals for each new fund. The filing was highlighted by ETF analyst Nate Geraci, who noted that the proposed rule change could streamline the approval process for crypto exchange-traded funds (ETFs). If the rule change passes, “issuers wouldn’t have to request specific approval for each crypto ETF as long as it meets certain criteria,” Geraci said. Read more
A negative Coinbase Premium Index and the markets’ reaction to a disappointing Federal Reserve presser catalyzed a “big move” in Bitcoin price. Key takeaways: Bitcoin’s Coinbase Premium turned negative after a 62-day buying streak. BTC continues to hold above $115,000 despite rising sell pressure and a negative futures CVD. Read more
As Ethereum turns 10, leaders from Consensys, Coinbase, RedStone, Optimism and GameSquare share what the next decade could look like for the evolving network. To understand Ethereum’s future, it helps to start with its creator, Vitalik Buterin. Before launching Ethereum in 2015, he saw blockchains not just as the foundation for digital money, but as tools for identity, coordination, public trust and more. In a 2021 interview on The Tim Ferriss Show, Buterin described Ethereum as “dynamic and growing… an evolving creature.” That adaptive nature still defines the network today. On its 10-year anniversary, we asked voices from across the community: What might the next decade look like? Read more