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Event ends: August 9, 16:00 UTC
More details: https://www
⏺The SEC has approved in-kind redemption for spot Bitcoin and Ethereum ETFs. According to Bloomberg analyst James Seyffarth, upcoming approvals of altcoin ETFs will likely include this option by default.
⏺The SEC has also begun reviewing an application by BlackRock's iShares Ethereum Trust to add a staking option.
⏺For now, the regulator has postponed a decision on Grayscale's Litecoin and Solana ETFs and even Donald Trump's Truth Social Bitcoin ETF. #btc# #eth# #xrp# #sol# #ltc#
There are even daredevils who are trying to go long: a whale opened a position on BTC for $76 million 🐳