Tag: Valkyrie Digital Assets

SEC Postpones Spot Crypto ETF Decisions, Affecting Major Players like BlackRock and Fidelity

Compliance tamir - September 1, 2023

On "Bloomberg Markets," Michael Sonnenshein, the CEO of Grayscale Investments, characterized the U.S. appeals court's decision to overturn the U.S. Securities and Exchange Commission's (SEC) block on his company's proposed Bitcoin exchange-traded fund (ETF) as a significant victory. This ruling has reignited optimism for launching the inaugural US crypto ETF. However, the SEC has pushed back its decision deadline until October for all the applications.

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