Latest from Nelson Wang
Institutional Investors Preferring Ether Over Bitcoin Now: JPMorgan
The spread between futures prices and spot prices for the two cryptos is telling, analysts wrote.

BlockFi Gets Another Extension From NJ Regulators on New Interest Accounts Ban
An order prohibiting the crypto lender from creating new interest-bearing accounts has now been postponed for the third time to Dec. 1.

Crypto Markets Need More Scrutiny From SEC, Investor Groups Say
The advocacy groups called the crypto industry “a Wild West” in a letter to SEC Chair Gary Gensler.

Crypto Hedge Fund Fraudster Sentenced to 7 1/2 Years for Ponzi Scheme: Report
Australian national Stefan Qin bilked investors in his two hedge funds out of $90 million, according to authorities.

Gensler Says Most Crypto Trading Platforms Need to Register With SEC
The SEC chairman said that securities have likely been traded on the platforms.

Bill Miller’s Flagship Fund Discloses $44.7M Stake in Grayscale Bitcoin Trust
The Miller Opportunity Trust has made its first investment in bitcoin after first indicating it could do so back in February.


Withdrawal of Ether Futures ETF Proposals Good Sign for Bitcoin Futures ETF: Analyst
Bloomberg Intelligence’s James Seyffart thinks a bitcoin futures ETF could get approved as soon as October.

Riot Blockchain Reports Record Q2 Results
The bitcoin mining company reported revenue and sales results that beat analyst estimates for the second quarter.

VanEck, ProShares Abruptly Withdraw Ether Futures ETF Proposals
Investment firms Van Eck and ProShares have both withdrawn their applications with the SEC for approval of ether futures ETFs, just two days after filing them.

