Tag:

filings

SEC delays decision on WisdomTree ETF
Crypto Trends

SEC halts spot crypto ETF filings, investors turn to COME Mining cloud mining

by admin



Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

SEC delays crypto ETF approvals; COME Mining offers an alternative with BTC, ETH, XRP, DOGE, and USDT contracts.

Summary

  • COME Mining offers cash flow from BTC, ETH, XRP, DOGE, and USDT contracts.
  • The mobile-friendly platform lets users mine anytime, with multi-currency and bank-grade security.
  • New users earn $15 in computing power plus daily rewards, making crypto mining easy.

The U.S. Securities and Exchange Commission (SEC) has once again brought market attention back to the ETF approval process. The SEC recently urged several institutions to withdraw their spot ETF applications involving mainstream currencies such as LTC, XRP, SOL, ADA, and DOGE. 

This move not only delayed the market’s expectations for compliance, but also made investors once again face the short-term uncertainty and high volatility of crypto assets.

Analysts point out that ETFs are seen as a key channel for attracting mainstream capital, but the slowdown in approvals means that investors will continue to struggle to achieve stable returns through this channel in the short term. 

For retail investors, “hoarding coins and waiting for them to rise” often leads to passive price fluctuations; for traders, frequent operations are accompanied by high thresholds and high risks. Against this backdrop, more and more investors are looking for new paths that can both maintain asset liquidity and protect against market risks.

At this time, COME Mining cloud mining gradually came to the fore with its unique model. The platform offers hash rate contracts settled in mainstream currencies such as BTC, ETH, XRP, DOGE, and USDT, allowing users to participate in block production without investing in mining equipment or electricity costs. 

Users also receive a stable cash flow through automatic daily settlement. Instead of passively waiting for the long-term game of ETFs, investors are transforming digital assets from “static holding” to “dynamic interest generation” through COME Mining, locking in a more predictable value-added path during turbulent cycles.

COME Mining mobile application highlights

1. Mobile operation, participate anytime, anywhere: The simple and intuitive mobile interface allows users to view earnings, manage contracts, and adjust settings on their phones, providing a smooth experience.

2. Multi-currency support and flexible asset allocation: The platform supports payment and settlement of more than ten mainstream currencies such as BTC, ETH, DOGE, XRP, USDT, etc., meeting the diverse needs of investors.

3. Bank-grade security: Combining McAfee® and Cloudflare® dual protection and using distributed cold wallet storage, the app provides users with bank-grade encryption and fund security.

4. Registration and Login Rewards: New users can receive a $15 computing power reward upon registration, and receive $0.60 for daily logins, lowering the threshold and making it easy to get started.

5. Stable operation and 24/7 service: Flexible short-term and long-term contracts are available. The platform guarantees 100% uptime and provides 24/7 technical support, giving users peace of mind.

Three steps to start:

1.Register: Visit the official website and register with an email address.

2.Choose a contract: Flexibly choose a computing power plan based on a particular budget.

3.Enjoy the benefits: After contract activation, daily profits are automatically credited to an account, and users can withdraw or reinvest at any time.

Summary

In an environment where ETFs are blocked and market volatility is intensifying, COME Mining cloud mining has become a rational choice for investors. With its low threshold, transparency, and daily settlement model, it enables XRP and multi-currency assets to truly achieve stable appreciation. For long-term holders and new users, COME Mining is not only a “safe haven”, but also an important tool to promote the long-term value growth of digital assets.

For more information, please visit the official website.

Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Decrypt logo
Crypto Trends

SEC Delays Decision on Grayscale’s Hedera Trust as Firm Updates Bitcoin Cash, Litecoin Filings

by admin



In brief

  • The SEC set November 12 as the new deadline for Grayscale’s Hedera Trust.
  • Grayscale submitted updates for its Bitcoin Cash and Litecoin trusts, with both structured to list on NYSE Arca.
  • The delayed decision adds to a wave of over 90 crypto ETF applications, including Solana and XRP products now pending before the Commission.

The SEC has pushed back its decision on Nasdaq’s bid to list the Grayscale Hedera Trust as the investment firm filed updated registrations for its Bitcoin Cash and Litecoin trusts.

The SEC is designating November 12 as the new deadline, according to an order on Grayscale’s Hedera Trust published Tuesday.

On the same day, Grayscale submitted registration statements for its Bitcoin Cash Trust and Litecoin Trust, both of which were filed on Form S-3 as existing vehicles that already report to the SEC.



Bank of New York Mellon is listed as administrator, while Coinbase will serve as custodian and prime broker. Both funds are structured to list on NYSE Arca.

Separately, Grayscale has filed a Form S-1 for the Hedera Trust, marking its initial registration with the SEC on the same day. The S-1 outlines a new product that would trade under the ticker HBAR, contingent on Nasdaq’s pending rule-change request to permit its listing.

Under U.S. securities law, the SEC normally has 180 days to decide on a proposed exchange rule change, but can add another 60 days, often to review comments or amendments before making a final decision.

The latest delay is part of a broader pattern.

Earlier in August, the SEC exercised its final procedural extension on pending Solana ETF applications, pushing the deadline to October 16.

The commission decided it would need more time to assess the Cboe BZX proposals from Bitwise and 21Shares, as well as other filings from Canary Funds and Marinade Finance.

Before August ended, over 90 crypto ETF applications had lined up for SEC action, spanning products tied to Bitcoin, Ethereum, Solana, XRP, and other digital assets.

Most are clustered around deadlines set by fall, raising the prospect of multiple rulings in quick succession as the Commission weighs how far to extend approvals beyond Bitcoin and Ethereum, which were approved last year.

“Assets with near-term ETF product decisions often command premium pricing on the open market,” Lionel Iruk, managing partner at Empire Legal, said in a statement shared with Decrypt.

An ETF wrapper “unlocks more than fresh liquidity for digital assets,” he said. “It provides the compliance, custody, and transparency frameworks that traditional investors often require before making any investment decision.”

Such a structure “amplifies their appeal beyond the crypto-native audience,” he said, adding that the appeal of crypto ETFs is anchored on their “potential transition from speculative enthusiasm to structured, regulated offerings that meet institutional standards.”

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Crypto-Investment
Crypto Trends

Crypto Investment Products See $352M Outflows as ETF Filings Surge

by admin



Digital asset markets faced mounting pressure last week as institutional investors pulled back sharply. According to James Butterfill from CoinShares, digital asset investment products recorded $352 million in outflows. 

According to the chart, a trend emerged even as weaker U.S. payroll figures raised hopes for a September interest rate cut, which usually boosts investor confidence. Trading volumes also dropped 27% week over week, indicating a cooling appetite for digital assets.

However, sentiment remains intact. Year-to-date inflows stand at $35.2 billion, which is 4.2% higher on an annualized basis compared to last year’s $48.5 billion.

Bitcoin Leads Inflows as Ethereum Faces Heavy Outflows

With $440 million in outflows, the United States stood out among the other countries. Hong Kong and Germany, on the other hand, maintained their position and brought in new investments of $8.1 million and $85.1 million. Despite the difficulties facing the market as a whole, Bitcoin managed to hold its own, generating $524 million in net inflows.

On the other hand, Ethereum faced heavy pressure. It saw $912 million pulled out over seven straight trading days, with withdrawals coming from several different investment products. Despite this, Ethereum’s total inflows for the year remain solid at $11.2 billion.

In the meantime, alternative assets like Solana and XRP continued to grow. Solana has seen 21 consecutive weeks of inflows, racking up a total of $1.16 billion, while XRP marked with $1.22 billion during the same timeframe.

Grayscale Pushes for Chainlink ETF as ETF Market Booms

Zach Rynes reported on X that Grayscale has filed an S-1 with the U.S. SEC to launch a spot Chainlink ETF. This move would convert the existing Grayscale Chainlink Trust ($GLNK), which has $28 million AUM, into a fully regulated ETF. Bitwise submitted its own S-1 for a LINK ETF in August.

 Bloomberg analyst Eric Balchunas highlighted the momentum, stating,

“ETFs crack $800b in YTD flows, that’s a breathtaking $5b/day pace… on pace to hit about $1.2T this year, a new record.”

Rising ETF activity shows increasing institutional interest, even as short-term outflows highlight investor caution in volatile crypto markets.

Also Read: Chainalysis Boosts XRPL Security With Expanded Token Monitoring





Source link

0 comments
0 FacebookTwitterPinterestEmail
XRP
NFT Gaming

Expert Reveals What Updated XRP ETF Filings Mean In Battle For Approval

by admin


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Bloomberg analyst James Seyffart has commented on the XRP ETF amendment filings and what they could mean in terms of a potential approval. These amendments followed the SEC’s delay of its decision on these funds till October, which is the final deadline. 

What The XRP ETF Amendment Filings Mean For Approval

In an X post, the Bloomberg analyst stated that the XRP ETF amendments have likely happened due to feedback from the SEC. He claimed that this was a good sign, although it was mostly expected. The Commission is known to provide input on these funds during the review period, similar to what happened with the Bitcoin and Ethereum ETFs. 

Seyffart’s comment came as issuers such as Grayscale, Canary Capital, Franklin Templeton, 21Shares, Bitwise, and WisdomTree all filed amended S-1s for their respective XRP ETF funds. Market expert Nate Geraci also commented on the filings, noting that it was highly notable for the issuers to file the amendments all at the same time. He further opined that it was a “very good sign.”

It is worth noting that these amendments came just after the SEC delayed its decision on these XRP ETFs. The Commission had a deadline this month to either approve or deny the applications, but chose to extend the review process to the final deadline, which comes up in October for these funds. 

According to Bloomberg analysts James Seyffart and Eric Balchunas, there is a 95% chance that the SEC approves these funds this year. Polymarket data shows that there is an 81% chance of approval this year. Optimism is also high, seeing as the SEC and Ripple have ended their long-running legal battle. 

XRP ETF Filings Would Have Never Happened Without Judge Torres’ Ruling

In an X post, pro-XRP lawyer John Deaton said that the XRP ETF filings would likely have never happened if not for Judge Analisa Torres’ ruling that XRP itself is not a security. This came as he reminisced on how the SEC argued years back that XRP was illegal and that, because it represented the efforts of Ripple, all tokens were deemed to be unregistered securities.

Deaton noted that fast forward to today, XRP ETFs are now on their way to approval, with a final deadline coming up for Grayscale’s filing on October 18, when this potential approval could happen. Based on how things went with the Bitcoin ETFs, the legal expert remarked that the best scenario for these XRP ETFs would mean trading begins within one to five days after approval. 

Meanwhile, if the XRP ETFs follow the Ethereum ETFs approval path, it would mean that they don’t begin trading until after about two months. The SEC had initially approved the 19b-4s for the Ethereum ETFs, but didn’t approve the S-1 filings until later on, as it still wanted additional disclosures back then. 

At the time of writing, the XRP price is trading at around $3, down almost 2% in the last 24 hours, according to data from CoinMarketCap.

XRP trading at $2.94 on the 1D chart | Source: XRPUSDT on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Decrypt logo
GameFi Guides

New ETF Filings Hint at Broader Crypto Product Boom Ahead

by admin



In brief

  • Investment firms are filing a wave of sophisticated crypto ETF applications, including 21Shares’ active crypto fund and 2x leveraged Dogecoin and Sui products.
  • Multiple XRP ETF issuers updated filings following SEC feedback, while regulators delaying decisions on Trump Media and Solana funds until October.
  • Experts predict approval momentum to begin in October despite regulatory caution, warning that active and leveraged products pose higher risks for investors.

Investment firms have started flooding regulators with applications for sophisticated crypto exchange-traded funds, pivoting from basic spot products to leveraged and actively managed strategies for broader institutional crypto exposure.

Bloomberg ETF analyst Eric Balchunas pointed to the trend, tweeting Sunday, “New filings from 21Shares for an active crypto ETF (something I think we’ll see a ton of in the next 12 months) and a 2x Doge and 2x Sui.” 

The filings show how issuers are trying to stay one step ahead of regulators while preparing for an October window that could see multiple approvals land at once.



Multiple issuers also updated XRP ETF applications, which are “almost certainly due to feedback from SEC. Good sign, but also mostly expected,” Bloomberg’s James Seyffart tweeted Saturday.

Industry experts widely agree with Balchunas’s assessment of the coming wave. 

Charmaine Tam, head of OTC sales and trading at Hex Trust, told Decrypt that the approval of spot Bitcoin and Ethereum ETFs has “created regulatory precedent, giving issuers confidence to pursue more sophisticated offerings.”

“Active ETFs are a logical next step” for professional management, while “leveraged products serve clients seeking more aggressive exposure,” she said.

Bridget Nichols, chief commercial officer at Monochrome, told Decrypt that Balchunas “generally has his finger on the pulse of USA ETF and regulatory developments” and that his outlook “rings true in a fast-moving digital assets landscape.”

She explained actively managed crypto ETFs face the same issues as their traditional counterparts, noting “taking directional bets is a clear win/lose strategy,” and with Bitcoin’s volatility, passive funds often perform better over time. 

“Passive ETFs generally perform better over most time horizons,” Nichols said, adding Bitcoin in particular has “a track record of being very hard to outperform.”

Any edge in crypto markets is “extremely rare,” she noted, typically stemming from early token investments that prove “unsustainable.”

ETFs all round

Recent reports revealed JPMorgan is exploring offering clients financing against crypto ETFs, which Tam called “a profound sign of mainstream acceptance” that introduces new capital efficiency for institutions.

Yet delays continue across multiple fronts, with the SEC pushing back decisions on Trump Media’s Bitcoin-Ethereum ETF until October 8, while extending deadlines for spot XRP funds from Grayscale, CoinShares, Canary Capital, Bitwise, and 21Shares. 

Solana ETF decisions from Bitwise, 21Shares, VanEck, and others face delays until October 16, with regulators citing needs for “sufficient time to consider” the proposals.

Major issuers such as Invesco Galaxy, Ark 21Shares, and others recently filed amendments seeking in-kind redemptions for their Bitcoin and Ethereum ETFs, which Seyffart previously characterized as “positive signs” indicating “fine-tuning happening with the SEC.”

Balchunas recently told Decrypt the recent delays were “nothing significant” and predicted “a batch of approvals based on the listing standard starting in October.” 

Peter Chung, head of research at Presto Labs, agreed with Balchunas’s timeline predictions while noting performance hurdles, telling Decrypt that “crypto or not, the challenge for any active ETFs is the managers’ ability to beat a benchmark.”

Crypto ETFs are “definitely more volatile,” he said, meaning retail investors must educate themselves, but ultimately the products are about “giving investors more choices.”

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.



Source link

0 comments
0 FacebookTwitterPinterestEmail
XRP ETF
GameFi Guides

Spot XRP ETF Coming Soon? Asset Managers Submit Amended S-1 Filings

by admin


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

According to the latest report, a group of asset management firms submitted S-1 amendments for a spot XRP ETF (exchange-traded fund) in the United States. These movements reflect the ramped-up interest of these institutions to get the approval of the US Securities and Exchange Commission (SEC) to offer this crypto-linked investment product.

What Changed In The Proposed Spot XRP ETFs?

On Friday, August 22, a slew of asset managers, including Grayscale, Bitwise, Canary, CoinShares, Franklin Templeton, 21Shares, and WisdomTree, filed amended S-1 statements for their proposed spot XRP ETFs. According to experts, this round of filings might be in response to the US SEC’s feedback on their original applications. 

Bloomberg ETF analyst James Seyffart said on X:

Bunch of XRP ETF filings being updated by issuers today. Almost certainly due to feedback from [the] SEC. Good sign, but also mostly expected.

Similarly, the ETF Store President, Nate Geraci, shared a similar sentiment, saying that it is very significant to see the various asset managers roll out their amended S-1 filings at once and on the same day. “Very good sign IMO [in my opinion],” Geraci wrote on X.

Source: @JSeyff on X

For a security or ETF to be listed on an exchange, it needs an S-1 filing, which provides a brief prospectus of the proposed security. Meanwhile, the S-1 form is amended as material information changes regarding the structure of the exchange-traded fund.

Hence, it is no surprise to see some changes in the structure of proposed spot XRP ETFs. For instance, the amended S-1 filing appears to switch the exchange-traded products from simply cash creations and redemptions to allow for XRP or cash creations and cash or in-kind redemptions.

It is worth mentioning that BlackRock, the world’s largest asset management firm and manager of the largest spot Bitcoin and Ethereum exchange-traded fund, has still not made a move to join the race for the spot XRP ETFs. As reported by Bitcoinist, the trillion-dollar asset manager revealed earlier in August that it has no intentions to launch an XRP fund.

XRP Price At A Glance

Following a torrid start to the week, the XRP token fell beneath the $3 mark to as low as $2.8 on Friday. However, the altcoin jumped back above $3 on the back of the news of the complete dismissal of Ripple’s lawsuit and Federal Reserve Chairman Jerome Powell’s speech. As of this writing, the XRP token is valued at around $3.01, reflecting an over 5% price jump in the past 24 hours.

The price of XRP on the daily timeframe | Source: XRPUSDT chart on TradingView

Featured image from iStock, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Sec Extends Review Of Nine Crypto Etf Filings Into October
Crypto Trends

SEC Extends Review of Nine Crypto ETF Filings Into October

by admin



The US Securities and Exchange Commission (SEC) has pushed back decisions on a fresh round of cryptocurrency exchange-traded fund (ETF) proposals, leaving Bitcoin, Ethereum, Solana, and XRP funds waiting until October for a verdict.

In notices filed on August 18, the regulator extended its review period for multiple applications, including the Truth Social Bitcoin and Ethereum ETF, spot Solana ETFs from 21Shares and Bitwise, and the 21Shares Core XRP Trust. 

The new decision dates now fall on October 8 for the Truth Social ETF, October 16 for the Solana filings, and October 19 for the XRP trust.

The Truth Social Bitcoin and Ethereum ETF, first submitted on June 24, is structured as a commodity-based trust that directly holds Bitcoin and Ether. Shares of the fund would be backed by the underlying assets. 

Despite its branding under Donald Trump’s Truth Social platform, the product is designed to function in the same way as other spot Bitcoin and Ether ETFs already approved in the United States.

The Cboe BZX exchange is also seeking approval for the first spot Solana ETFs in the country, filed separately by 21Shares and Bitwise. These funds would give institutional and retail investors regulated access to Solana’s price movements. 

In addition, 21Shares has applied for a Core XRP Trust, a product designed to hold XRP and mirror its market value. The application, initially filed in February, was approaching its 180-day deadline before the SEC extended its review by another 60 days.

Beyond these products, the SEC also pushed back rulings on other crypto-linked filings, including CoinShares’ proposed spot Litecoin ETF and Grayscale’s application for a spot Dogecoin ETF. The regulator has delayed a total of nine applications, with most of the new deadlines set for October.

Bloomberg ETF analysts Eric Balchunas and James Seyffart said the delays appear to reflect the SEC’s broader strategy of developing a framework for digital asset ETFs rather than continuing with the current case-by-case approval system. 

Seyffart suggested that the commission is working on creating clear listing standards that would define which digital assets can be wrapped into ETFs and under what criteria.

The approach could provide greater consistency for the growing number of crypto ETF applications, but in the meantime, issuers and investors will have to wait longer for clarity.

Also Read: Grayscale Files with SEC for Dogecoin ETF Under Ticker GDOG



Source link

0 comments
0 FacebookTwitterPinterestEmail
Close