Crypto ANIVERSE Crypto Daily News_March 21, 2024
Thursday, March 21, 2024
ANIVERSE Crypto Daily News💌
1. SEC delays decision on VanEck Ethereum ETF
- The postponement follows closely on the heels of similar delays for the Hashdex Nasdaq Ethereum ETF and the ARK 21Shares Ethereum ETF, signaling a pattern of hesitation by the regulatory body in approving crypto-based ETFs.
2. BlackRock starts digital asset fund supported by $100m on Ethereum
- BlackRock has announced the creation of the BlackRock USD Institutional Digital Liquidity Fund in partnership with Securitize, hinting at focusing on tokenizing real-world assets.
3. Montenegro denies Do Kwon’s South Korea extradition appeal
- According to an official notice on the matter, Do Kwon’s bid to overturn a decision approving his extradition to South Korea was rejected by an appeals court in the Balkan country.
4. Grayscale looks to transform Ethereum Trust into spot ETF
- Grayscale is seeking to transform its Grayscale Ethereum Trust (ETHE) into an Ethereum (ETH) spot ETF following its successful conversion of its Grayscale Bitcoin Trust in January.
5. Spot Bitcoin ETFs record highest daily net outflows
- Market sentiments have quickly turned bearish, as the spot Bitcoin ETFs record their highest daily net outflows amid Bitcoin’s (BTC) drop to the lower spectrum of the $60,000 territory.
6. SEC reportedly trying to classify ETH as a security
- The SEC has reportedly issued several subpoenas to companies related to attempts to label Ether as a security. The report indicated that the SEC could have grounds to label ETH a security due to its ongoing investigation of the Ethereum Foundation.
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