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SEC approves first bitcoin investment funds after false start

The Securities and Exchange Commission (SEC) on Wednesday approved nearly a dozen exchange-traded funds (ETFs) that hold Bitcoin, allowing them to trade funds invested directly in the cryptocurrency for the first time. The SEC has approved 11 spot Bitcoin ETFs from several large companies, including BlackRock, Fidelity, and Grayscale Investments, as the SEC faces a […]

Grayscale drops MATIC, adds AVAX, XRP in funds rebalance – Cointelegraph

Asset management company Grayscale has rebalanced its three crypto funds, removing tokens such as Polygon (MATIC) and adding Avalanche (AVAX) and XRP (XRP). according to To be announced on January 5th. The new allocations are part of Grayscale’s quarterly review and impact the Digital Large Cap Fund (GDLC), DeFi Fund (DEFG), and Smart Contract Platform […]