It was quite a rollercoaster for the Crypto world last week. From bold legal moves to debunking common misconceptions, the world of digital currencies continues to surprise us. Here’s a quick recap of the biggest stories that unfolded over the weekend.
Grayscale Files For Ether Futures ETF
Following their court victory against the SEC, Grayscale Investments are testing the waters with a new exchange-traded fund (ETF). This time, the fund will be centered on Ethereum futures (CRYPTO: ETH). The application was filed under the Securities Act of 1933, the same regulation that governs commodities and spot Bitcoin ETFs. Read the full article here.
Cryptocurrency: A Real Technology, Not a Scam
Caitlin Long, founder and CEO of Custodia Bank, spoke to Benzinga to address concerns about the legitimacy of cryptocurrencies. She drew parallels to the tech bubble and emphasized that the crypto market is in a phase of refinement and maturation. Read the full article here.
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Ethereum ETF, Elon Musk's Dog-Inspired Coin, Anthony Scaramucci On Bitcoin And More: Top News From Crypto This Week>Full story available on Benzinga.com