News list for " on the needle"
Bloomberg ETF analyst Eric Balchunas responded to a question on social media about "the current progress of major counterfeit products ETFs approval": "In baseball terms, most of them are still at first base, except that Litecoin is going to third base."
On September 19, according to TheBlock, there was a heated debate on cryptocurrency regulation in the US Congress during a hearing. Although some companies have obtained permission from the Securities Exchange Commission (SEC) to legally custody cryptoassets, many crypto companies and lawmakers still criticize the SEC's regulatory approach. Dan Gallagher, Robinhood's chief legal officer, said the company had suggested adjusting the rules when discussing crypto business with the SEC, but communic...
Bloomberg ETF analyst Eric Balchunas responded to Nate Geraci, president of The ETF Store, on social media that "issuers are expected to apply for a combined spot ETF of BTC, ETH and SOL in the coming months", saying that this will indeed happen, but the potential is unknown. The size of the precious metals basket ETF GLTR is 1 billion US dollars, which is good, but still less than 1% of the assets of the gold ETF.
