‘Bitcoin After Dark’ ETF Lands at SEC as Nicholas Wealth Unveils Night-Only Strategy

Senators engaged in bipartisan discussions regarding the anticipated crypto market structure bill, with Senator Cynthia Lummis expressing optimism for a new draft to be released soon. The discussions are aimed at finalizing the legislation before Congress adjourns for the holiday break. Lummis highlighted the urgency of progressing with the bill during a panel hosted by the Blockchain Association.

The SEC has approved the Bitwise 10 Crypto Index Fund, which is now trading on NYSE Arca, marking the second cryptocurrency index exchange-traded product (ETP) in the U.S. This fund allows investors to gain exposure to a diversified portfolio of major cryptocurrencies, including Bitcoin, Ethereum, and XRP.

The U.S. Securities and Exchange Commission (SEC) has intensified its focus on anti-money laundering (AML) measures concerning low-priced securities held in omnibus accounts, signaling a potential shift towards stricter compliance and oversight in the financial sector.

Citadel Securities has called on the U.S. Securities and Exchange Commission (SEC) to regulate decentralized finance (DeFi) platforms that offer tokenized U.S. stocks, a move that has sparked significant controversy within the cryptocurrency sector. This request aligns with Citadel's push for regulatory parity between traditional exchanges and DeFi trading venues.

Ondo Finance has joined the Blockchain Association following the conclusion of a two-year SEC investigation, which found no grounds for charges against the company regarding its tokenized asset platform. This move signals a commitment to advancing digital asset policy in the U.S.

BlackRock has filed for the listing of a staked Ether ETF, which, if approved by the SEC, would provide investors with indirect exposure to staked Ether, marking a significant step in the evolving cryptocurrency landscape. This initiative follows the anticipated approval of spot Ether ETFs in 2024.

The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into Ondo Finance's tokenized equity platform without filing any charges, marking a significant regulatory shift for onchain assets. This probe, initiated during the Biden administration, focused on Ondo's tokenized real-world assets (RWAs) and its ONDO token.

BlackRock has filed for the iShares Ethereum Staking Trust, aiming to offer investors indirect exposure to staked Ether, reflecting a strategic move into on-chain yield opportunities as the SEC's regulatory stance evolves under new leadership.