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While the crypto sector celebrated the landmark approval of several spot Bitcoin ETFs, not everyone was pleased by the decision.
During an Ask-Me-Anything (AMA) on Reddit, Vitalik Buterin suggested raising the Ethereum gas limit to 40 million to improve network throughput.
One X account has maintained radio silence after it unwillingly “bungled” the spot Bitcoin ETF announcement when it was hacked a day earlier.
United States SEC Commissioner Hester Pierce says spot Bitcoin ETF approval “comes only begrudgingly,” after more than 10 years since the first application was submitted.
Effective S-1 approvals are being checked off, meaning that spot Bitcoin ETFs are set to begin trading as early as Jan. 11.
Industry pundits believe spot Ethereum ETFs have a clear path to approval in 2024, with one predicting trading to begin as early as the second quarter.
Digital currencies were a topic of interest at the latest U.K. Parliament Treasury Committee meeting. Enthusiasm for them, however, was muted.
Gensler has warned that his agency still does not support Bitcoin despite having approved spot Bitcoin ETFs.
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Though a spot Bitcoin exchange-traded fund approval may still be incoming, the SEC said it was investigating the “compromised” tweet released on Jan. 9.
