NFT News Today TheBittimes.com

According to one senior executive at one of the applying firms, the SEC is expected to approve Spot Bitcoin ETF applications after trading closes today. Fox Business reports that we can see the first applications approved shortly after 4:00 pm ET today, coinciding with initial reports that we would see approvals come Wednesday. SCOOP: One senior exec at a major $BTC spot ETF applicant tells @FoxBusiness that the @SECGov had informed his firm that the fund will be approved today sometime after the close of trading. HOWEVER, he added this caveat: "This is Gensler so who the fuc&% knows when this happens."… — Charles Gasparino (@CGasparino) January 10, 2024 The CBOE also reports that we may see the first Spot Bitcoin ETFs start trading as soon as tomorrow. Today is also the deadline for a host of prospective issuers. However, early reports assured that the US Securities and Exchange Commission (SEC) will likely approve multiple applicants. Currently, more t...

The changes to Grayscale’s board were disclosed weeks before experts expect a spot Bitcoin ETF decision from the SEC.  According to a filing with the U.S. Securities and Exchange Commission (SEC), Barry Silbert has resigned as Grayscale chairman. Silbert is joined by Mark Murphy, another company executive who stepped down from the board effective Jan. 1. Three new members replace Silbert and Murphy. Mark Shifke will succeed Silbert as the board ’s new chairman following his role as chief financial officer at Digital Currency Group (DCG), Grayscale’s parent company. Matthew Kummel, DCG’s senior vice president of operations, also joins the board with Grayscale CFO Edward McGee. McGee will reportedly combine board duties with responsibilities at the digital asset management firm.  Shifke, Kummell, McGee, and CEO Michael Sonnenshein now make up the board at Grayscale. The reasons for these resignations and appointments were not specified in the Dec. 26 SEC filing, althou...