BITCOIN

U.S.-based asset manager Valkyrie is requesting regulatory approval from the U.S. Securities and Exchange Commission (SEC) for an ether futures exchange-traded fund (ETF). The move follows the acceptance by the SEC of Valkyrie’s application for a spot bitcoin ETF last month. Asset Manager Valkyrie Seeks Regulatory Nod for Ether Futures ETF Tennessee-headquartered asset management firm Valkyrie is applying for authorization for an “Ethereum Strategy ETF” that will invest in ether futures and other collateral assets, Reuters reported quoting documents filed with the U.S. securities regulator. The submission comes amid increased interest from well-established players in the sector in launching crypto-based ETFs, which has become a cause for optimism in the crypto space after a difficult year for the whole digital assets industry. U.S. regulators allowed ETFs tracking the price of bitcoin ( BTC ) futures in 2021 and the first bitcoin futures-based exchange-traded fund began trading

District Judge Analisa Torres has granted the request by the U.S. Securities and Exchange Commission (SEC) seeking to file an interlocutory appeal in the Ripple case over XRP . Judge Torres’ approval came one day after Ripple Labs filed its objection to the SEC’s request. Judge Approves SEC’s Request in Ripple- XRP Case The U.S. Securities and Exchange Commission’s request seeking to file an interlocutory appeal in the Ripple case over XRP has been granted by District Judge Analisa Torres despite Ripple’s objection to the regulator’s request. In a court order filed on Aug. 17, Judge Torres stated that the court had reviewed the SEC’s and the defendants’ letters, adding: The SEC’s request to file a motion for leave to file an interlocutory appeal is granted. The judge further ordered the SEC to file its motion by Aug. 18 and the defendants (Ripple Labs, CEO Brad Garlinghouse, and co-founder Chris Larsen) to file their opposition papers by Sept. 1. The SEC must then file its r

Former U.S. President Donald Trump has provided new data about his crypto income and holdings in a financial disclosure to the Federal Election Commission (FEC). The submission contains information about the balance of an ethereum wallet, which collects proceeds from the sales of Trump-branded non-fungible tokens (NFTs), and the income it produced. Donald Trump Declares Crypto Wallet With at Least $1 Million in Ethereum The frontrunner for the 2024 Republican presidential nomination who hopes to win a second non-consecutive term in the White House, Donald Trump, has filed a new disclosure as a candidate which reveals various sources of income that can help him fund his campaign. Among the major ones are businesses and properties like a company in Miami that owns golf courses and a resort valued at more than $50 million which has generated $145.8 million in income in 2022 and through the end of April of this year, Bloomberg noted in a report. Federal candidates in the U.S. are requ