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WisdomTree Exec on Spot Bitcoin ETF Rejection: No Silver Bullet to Address

Following yet another spot bitcoin ETF application rejection by the SEC, WisdomTree Head of Digital Assets Will Peck explains its more about "engaging productively with regulators." He discusses the firm's continued efforts to bring a spot bitcoin ETF to the market.

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WisdomTree Exec 'Not Surprised' by SEC's Spot Bitcoin ETF Rejection

The U.S. Securities and Exchange Commission (SEC) rejected WisdomTree's application for a spot bitcoin ETF this week. WisdomTree Head of Digital Assets Will Peck discusses why he's "not surprised" by the SEC's decision and the outlook for ETFs. Plus, his take on Grayscale calling its spot bitcoin ETF rejection "arbitrary, capricious and discriminatory."

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SEC Rejects WisdomTree Spot Bitcoin ETF; BNY Mellon Starts Crypto Custody Service

The WisdomTree Bitcoin Trust was not approved by the U.S. Securities and Exchange Commission (SEC) on the grounds of lacking investor protection. Plus, the world's largest custodian bank and the oldest lender in the U.S., Bank of New York Mellon, has added cryptocurrencies to its custody services.

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Financiën

L'ETF Spot Bitcoin di WisdomTree è stato respinto dalla SEC

Si tratta dell'ultimo di una serie di dinieghi di ETF spot Bitcoin da parte dell'autorità di regolamentazione di Washington.

U.S. Securities and Exchange Commission in Washington D.C. (Getty Images)

Financiën

La media delle Cripto del secondo trimestre di WisdomTree è scesa di quasi il 12% su base annua, a 265 milioni di $

La cifra rappresenta anche un calo del 22% rispetto ai 324 milioni di dollari dichiarati da WisdomTree per il primo trimestre del 2022.

Asset manager WisdomTree (WETF) managed crypto assets worth $265 million in Q2, a decrease of nearly 12% compared to the equivalent figure of $300 million a year ago (Tumisu/Pixabay)

Video's

WisdomTree Exec on Future of U.S. Bitcoin Spot ETF Race

WisdomTree Head of Digital Assets Will Peck discusses his take on the U.S. spot bitcoin ETF race following a string of rejections from the SEC, sharing an update on the asset manager's application. Plus, reactions to BlockFi no longer accepting Grayscale Bitcoin Trust (GBTC) as collateral and crypto markets outlook.

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Financiën

Gli asset Cripto gestiti da WisdomTree nel primo trimestre aumentano del 23% a 324 milioni di $

Tuttavia, le Cripto gestite sono diminuite del 20% rispetto al trimestre precedente.

Money (Mufid Majnun/Unsplash)

Video's

Risk-Off Sentiment in Crypto Markets Following EU Parliament Vote

Jason Guthrie, WisdomTree head of digital assets for Europe, discusses his take on the recent sell-off in the crypto markets following the European Parliament passing legislation to ban anonymous crypto transactions. Plus, a conversation about President Biden’s digital asset executive order and how regulation could drive mainstream crypto adoption. 

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Financiën

WisdomTree lancia ETP Cripto per Solana, Cardano, Polkadot in Europa

Altri emittenti di ETP stanno pianificando prodotti di investimento collegati alle criptovalute che producano anch'essi rendimenti da staking.

(Michele Limina/Bloomberg via Getty Images)

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La SEC ritarda le offerte spot di ETF Bitcoin di WisdomTree e ONE River

Questa mossa è in linea con la prassi seguita dall'autorità di regolamentazione dei titoli azionari degli Stati Uniti di respingere o non prendere provvedimenti su tutte le domande di ETF spot Bitcoin .

The headquarters building of the U.S. Securities and Exchange Commission (SEC) stands in Washington, D.C., U.S., on Monday, May 10, 2010. The chief executive officers of the biggest U.S. stock markets were called to a meeting at the SEC today to discuss last week�s selloff in equities, according to four people familiar with the situation. Photographer: Joshua Roberts/Bloomberg via Getty Images