Year: 2023

Swiss asset manager Pando Asset became the latest firm to seek approval for a spot bitcoin ETF, filing an S-1 form with the Securities and Exchange Commission on Wednesday. Pending approval, the Pando Asset Spot Bitcoin BTC -0.13%Trust would trade on the Cboe BZX Exchange, with Coinbase as a custodian. For bitcoin pricing, the filing…

“This is a field that is rife with bad actors and rife with fraud and manipulation and money laundering,” SEC Chair Gary Gensler said on Wednesday, without specifically addressing questions about applications for spot bitcoin ETFs.Securities and Exchange Commission Chair Gary Gensler stayed mum on Wednesday when asked by journalists if the industry could soon…

K33 Research: Crypto markets remain steady despite Binance-DOJ settlementThe crypto market, led by Bitcoin and Ether, has shown resilience following the U.S. Department of Justice’s $4.3 billion settlement with Binance, amidst varied reactions across different crypto assets and exchanges. In a Nov. 27 development, the cryptocurrency market has shown resilience despite the U.S. Department of…