The U.S. Securities and Exchange Commission (SEC) is reportedly set to allow Bitcoin futures exchange-traded funds (ETFs) to begin trading. According to Bloomberg, the regulator “isn’t likely to block the products from starting to trade next week.”
Nasdaq-listed cryptocurrency exchange Coinbase has said in a new policy proposal that the U.S. should create a new regulator to oversee digital asset markets, warning that the failure to properly regulate the space could leave the country even further behind others.
Auction house Sotheby’s is diving into the tokenized digital collectibles world with the launch of Sotheby’s Metaverse marketplace, months after it first started auctioning non-fungible tokens (NFTs) such as the popular Bored Ape Yacht Club avatar collection.
Top stories in the Crypto Roundup today:
- SEC Likely to Allow Bitcoin Futures ETFs to Trade
- Coinbase Calls For New Crypto Regulator in the U.S.
- Sotheby’s Launches Curated Ethereum-Based NFT Platform
- Crypto Market Movers – SHIB, STX, DOT