SEC delays 5 crypto ETFs, analysts expect final rulings by October
Eric Balchunas and James Seyffart deemed the delays as expected, with SEC taking up to the last deadline to approve most altcoin-related ETFs.
Donald Trump's memecoin sees $2.4B on-chain surge as tokens flood centralized exchanges.
FTX's litigation against NFT Star and Delysium highlights ongoing struggles to reclaim assets under SAFT agreements.
Bitcoin ETFs rebounded with a record $3 billion inflow surge last week.
According to James Seyffart, despite SEC's approval, the ETFs will launch on the short or medium term instead of April 30.
Arizona's move to establish a Bitcoin reserve faces uncertainty as Governor Hobbs considers her veto amidst budget stalemate.
Long argued that the Fed's unchanged policy creates an unfair advantage for major banks seeking to issue private stablecoins.