“Just as Amazon transcended books and redefined an entire industry, Ethereum could surprise us with revolutionary use cases that we cannot fully imagine today,” said a 21Shares executive.
JinseFinanceDespite the downturn in the cryptocurrency market this year, Swiss cryptocurrency ETP firm 21Shares has seen record inflows of new cryptocurrencies year-to-date.
CointelegraphDespite crypto markets tanking this year, the Swiss crypto ETP firm 21Shares has seen its new crypto inflows hitting new all-time highs YTD.
CointelegraphJ. Matthew DeLesDernier, assistant secretary for the SEC, said it had extended to allow for “sufficient time to consider the proposed rule change and the issues raised therein.”
CointelegraphThe Swiss crypto ETP issuer wants to make it easier for investors to get exposure to Bitcoin amid extreme fear on the market.
CointelegraphThe U.S. SEC rejected the application for the ARK 21Shares Bitcoin ETF in early April and has not approved a spot Bitcoin ETF so far.
CointelegraphTotal assets invested in crypto ETFs and ETPs hit $16.3 billion by the end of the first quarter, but the community is still waiting for a spot Bitcoin ETF in the U.S.
CointelegraphThe regulator said it would be appropriate to “specify a longer period” of approval or disapproval of the proposed bitcoin ETF.
Cointelegraph21Shares submitted the spot Bitcoin ETF application with Ark Investment Management in June 2021 for listing on the Cboe BZX Exchange.
CointelegraphLaunched in cooperation with ByteTree, the new BOLD ETP by 21Shares comprises 18.5% of BTC and 81.5% of gold at launch.
Cointelegraph