Bitwise to Issue a 10 Crypto Index ETF
BitWise has submitted an application to the US Securities and Exchange Commission (SEC) to create an ETF based on its 10 Crypto Index Fund.
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Russian Lawmakers Pass Crypto Tax Bill
The Russian Federation Council, the upper chamber of the country’s parliament, has passed a bill that would tax cryptocurrency transactions and mining, effectively eliminating value-added tax (VAT) for crypto transactions.
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Hong Kong’s Largest Digital Bank Introduces Crypto Trading for Retail Customers
The largest virtual bank in Hong Kong, ZA Bank, recently introduced a new offering that enables retail users to purchase and sell Bitcoin and Ethereum using traditional currency.
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SEC Collects $8.2 Billion in Penalties From Crypto Companies
In the fiscal year 2024, the Securities and Exchange Commission (SEC) in the United States achieved a remarkable feat in penalties and fines, largely attributed to a significant resolution with Terraform Labs, a cryptocurrency company.
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SEC Chairman Gary Gensler Will Step Down in 2025
On January 20, the Securities and Exchange Commission (SEC) announced that its chair, Gary Gensler, will resign from his position.
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NYSE Arca Will List Bitwise’s Crypto Index ETP
NYSE Arca has petitioned the Securities and Exchange Commission (SEC) to list an exchange-traded product (ETP) managed by Bitwise Asset Management, which would hold a basket of 10 cryptocurrencies.
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Bitfinex Hacker Sentenced to Five Years in Prison
Ilya “Dutch” Lichtenstein has been ordered to serve a five-year prison sentence for his involvement in the 2016 hacking of Bitfinex, a cryptocurrency exchange, and subsequent money laundering activities.
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Spot Bitcoin ETFs Lose $400M
On Thursday, there was a decrease of $400.67 million in investments for spot Bitcoin exchange-traded funds in the US. The ETFs managed by Ark and Bitwise experienced their largest single-day withdrawals, putting an end to their streak of six consecutive days of positive flows. According to data from SoSoValue, the largest outflow was from Fidelity’s […]
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