Tag: NASDAQ

The U.S. crypto sector is moving fast under the presidency of Donald Trump, a declared crypto supporter. The Nasdaq has filed an interesting proposal with the SEC to allow in-kind redemptions for BlackRock’s spot Bitcoin ETF. This move could revolutionize investor access to Bitcoin while streamlining costs and boosting liquidity.

Fortunately, the Nasdaq board remains a female-driven exchange. This is also shown by the latest job appointments at the world's most important technology exchange. Sarah Youngwood (LinkedIn), who previously found herself sidelined on Sergio Ermotti's UBS board, has been appointed as the CFO for Nasdaq. This transition will take effect from December 1, as she fills the shoes of outgoing CFO Ann Dennison.

Coinbase, the public-listed U.S. crypto exchange, saw a 13% increase in its shares yesterday, following an announcement from exchange operator Cboe regarding their collaboration with Coinbase to introduce a spot bitcoin exchange-traded fund (ETF). The application to initiate a bitcoin ETF by Fidelity was refiled by Cboe with the U.S. Securities and Exchange Commission (SEC) last Friday. Coinbase was specified as the crypto surveillance platform.

A few days ago the Israeli project DX.Exchange started with the goal of tokeniszing securities trading. The company has...