Simplify Asset Management has filed an application with the U.S. Securities and Exchange Commission (SEC) for an exchange-traded fund (ETF) focused on Web 3.In a filing Wednesday, Simplify said the “Simplify Volt Web 3 ETF” would trade under the ticker symbol “WIII” and track Web 3 companies that are expected to benefit from technology infrastructure play.The fund would not … [Read more...] about Simplify Files Application With SEC for Web 3 ETF
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Binance Singapore withdraws crypto license application
Crypto exchange Binance has withdrawn its license application for pursuing digital payment token (DPT) services in Singapore. Starting today, Binance.sg has stopped onboarding new users and will not allow Singaporeans to deposit cryptocurrencies or fiat on the exchange.By Feb 13, 2022, Binance plans to “wind down” all services that relate to dealing with cryptocurrency tokens. … [Read more...] about Binance Singapore withdraws crypto license application
SEC Rejects WisdomTree’s Spot Bitcoin ETF Application
Two bitcoin futures ETFs, the ProShares Bitcoin Strategy ETF (BITO) and the Valkyrie Bitcoin Strategy ETF (BTF), began trading in October, leading to a significant rally in the price of bitcoin. VanEck’s bitcoin futures ETF began trading in mid-December. Source link … [Read more...] about SEC Rejects WisdomTree’s Spot Bitcoin ETF Application
Direxion Withdraws Application for Short Bitcoin Futures ETF
Exchange-traded fund (ETF) issuer Direxion has withdrawn its application to the U.S. Securities and Exchange Commission (SEC) to list a short bitcoin futures fund.On Tuesday, Direxion requested the SEC to withdraw the ETF application it made on Oct. 26.SEC staff had asked for the filing be withdrawn on the day it was filed.The Direxion Bitcoin Strategy Bear ETF would have … [Read more...] about Direxion Withdraws Application for Short Bitcoin Futures ETF
Wisdom Tree files Ether ETF application with SEC
Following in the footsteps of VanEck earlier this month, Wisdom Tree has filed an application for an Ether (ETH) exchange-traded fund submitted to the United States Securities and Exchange Commission.According to filings dated May 27, the ETF’s shares would be listed on the Chicago Board Options Exchange’s BZX Exchange.On May 7, rival ETF issuer, VanEck, also filed an … [Read more...] about Wisdom Tree files Ether ETF application with SEC