Goodbye Ethereum Spot ETFs — US SEC Angling To Reject Offering With Approvals Touted For 2025
The US Securities and Exchange Commission (SEC) appears set to reject applications for spot ether exchange-traded funds (ETF), with recent in-house meetings painting a bleak future for the proposed offering.
According to a Reuters report, the SEC will most likely withhold its approval for spot ETFs linked to the second-largest cryptocurrency. The regulator is set to decide on a raft of applications. The securities watchdog is expected to give its decision on applications issued by VanEck and Ark at the tail end of May.
Goodbye Ethereum Spot ETFs — US SEC Angling To Reject Offering With Approvals Touted For 2025
The US Securities and Exchange Commission (SEC) appears set to reject applications for spot ether exchange-traded funds (ETF), with recent in-house meetings painting a bleak future for the proposed offering.
According to a Reuters report, the SEC will most likely withhold its approval for spot ETFs linked to the second-largest cryptocurrency. The regulator is set to decide on a raft of applications. The securities watchdog is expected to give its decision on applications issued by VanEck and Ark at the tail end of May.
BY Uptrend
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Telegram has made it easier for its users to communicate, as it has introduced a feature that allows more than 200,000 users in a group chat. However, if the users in a group chat move past 200,000, it changes into "Broadcast Group", but the feature comes with a restriction. Groups with close to 200k members can be converted to a Broadcast Group that allows unlimited members. Only admins can post in Broadcast Groups, but everyone can read along and participate in group Voice Chats," Telegram added.
Mr. Durov launched Telegram in late 2013 with his brother, Nikolai, just months before he was pushed out of VK, the Russian social-media platform he founded. Mr. Durov pitched his new app—funded with the proceeds from the VK sale—less as a business than as a way for people to send messages while avoiding government surveillance and censorship.
