Crypto asset management firm Bitwise has retracted its proposal for a Bitcoin and Ether Market Cap Weight Strategy exchange-traded fund (ETF), in a move that comes a month after it applied for the ETF with the U.S. Securities and Exchange Commission (SEC).
Decentralized Finance (DeFi) protocol MakerDAO has revealed the final phase of its multistep “Endgame” plan, designed to create a series of independent sub-decentralized autonomous organizations (DAOs) living within a larger ecosystem.
Commission-free trading platform Robinhood has struck a deal with the United States Marshal Service (USMS) to repurchase shares worth $605.7 million previously held by Sam Bankman-Fried, the founder of the collapsed crypto exchange FTX.
Top stories in the Crypto Roundup today:
- Bitwise Withdraws Bitcoin and Ether Market Cap ETF Proposal
- MakerDAO Unveils Final ‘Endgame’ Phase as It Looks to Grow DAI Above $100 Billion
- Robinhood to Pay $605 Million to Buy Back 55 Million Shares Seized from FTX’s Founder
- Grayscale’s GBTC Fund Grows by $1.17 Billion After Court Victory