SEC rejects WisdomTree’s Spot Bitcoin ETF
According to the SEC, the surveillance agreement is crucial before it can approve any spot bitcoin-ETF, given that the market for bitcoin is highly unregulated.

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The wMarket Update condenses the most important price movements in the crypto markets over the weekend, published 08:00 UTC on weekdays.
BitBoy Crypto alleges former SEC director accepted bribes to declare Ethereum a commodity, investors pile on bonds as the interest in crypto fades, and much more in this edition of CryptoSlate Wrapped Daily.
Author Dominic Frisby makes a case for holding both BTC and gold when it comes to protecting oneself during precarious geopolitical times.
Billionaire hedge fund manager Paul Tudor Jones expects BTC and ETH to go much higher long term due to coming "fiscal retrenchment."
The ten-year treasury chart showed that yield grew to 3.89% within the past year, while the top two digital assets shed over 60% of their values.
The network's total hash rate currently stands at 240 EH/s and is expected to increase even further.