BREAKING: $1. 5 Trillion Giant Franklin Templeton Files for Spot #Bitcoin ETFs. - $BTC #RichQUACK $QUACK.
27 Sep 2023, 02:52
🚨BREAKING: $1.5 Trillion Giant Franklin Templeton Files for Spot #Bitcoin ETFs! - $BTC #RichQUACK $QUACK
Collectively, the managers applying hold a staggering $17.7 Trillion Assets Under Management:
- Franklin Templeton ($1.5T)
- BlackRock ($10T)
- Fidelity ($4.5T)
- Invesco Galaxy ($1.5T)
- WisdomTree ($87B)
- VanEck ($61B)
- GlobalX ($40B)
- ARK Invest ($14B)
- Valkyrie ($1B)
- Bitwise ($1B)
#CryptoNews #ETFApplication
Same news in other sources
127 Sep 2023, 02:58
BREAKING: 🇺🇸 Four Members of US Congress Urge SEC Chair Gary Gensler to Promptly Approve Spot #Bitcoin ETFs.
$BTC Buy Bitcoin $QUACK #RichQUACK
In a letter dated Sept. 26 to Gensler, U.S. Representatives Mike Flood, Wiley Nickel, Tom Emmer, and Ritchie Torres asserted that the SEC was exhibiting “discrimination against spot bitcoin exchange-traded products.”
They referenced the legal benchmark established by Grayscale Investments, which secured a review of its ETF offering.
Post the Grayscale court resolution, the representatives emphasized to Gensler that persisting in denying spot crypto ETF applications was unwarranted, as the decision labeled the SEC’s justification for approving investment tools connected to Bitcoin futures as “arbitrary and capricious.”
The letter stated, “A regulated spot bitcoin ETP would enhance investor protection by rendering access to bitcoin more secure and transparent.”
It further highlighted, “It is the responsibility of Congress to ensure that the SEC greenlights investment products aligning with the criteria delineated by Congress.”
BREAKING: Four Members of US Congress Urge SEC Chair Gary Gensler to Promptly Approve Spot #Bitcoin ETFs.
BREAKING: 🇺🇸 Four Members of US Congress Urge SEC Chair Gary Gensler to Promptly Approve Spot #Bitcoin ETFs.
$BTC Buy Bitcoin $QUACK #RichQUACK
In a letter dated Sept. 26 to Gensler, U.S. Representatives Mike Flood, Wiley Nickel, Tom Emmer, and Ritchie Torres asserted that the SEC was exhibiting “discrimination against spot bitcoin exchange-traded products.”
They referenced the legal benchmark established by Grayscale Investments, which secured a review of its ETF offering.
Post the Grayscale court resolution, the representatives emphasized to Gensler that persisting in denying spot crypto ETF applications was unwarranted, as the decision labeled the SEC’s justification for approving investment tools connected to Bitcoin futures as “arbitrary and capricious.”
The letter stated, “A regulated spot bitcoin ETP would enhance investor protection by rendering access to bitcoin more secure and transparent.”
It further highlighted, “It is the responsibility of Congress to ensure that the SEC greenlights investment products aligning with the criteria delineated by Congress.”