The U.S. Securities and Exchange Commission (SEC) has deferred its decision on allowing options trading on spot Bitcoin exchange-traded funds (ETFs), pushing back its deadline to either approve or reject the proposal from the New York Stock Exchange to list such options to May 29.
Publicly traded Japanese investment firm Metaplanet has purchased 1 billion yen (around $6.5 million) worth of Bitcoin as a core treasury asset, in a decision backed by Sora Ventures and UTXO Management, as well as prominent figures such as Morgan Creek Capital founder Mark Yusko.
The CEO of global investment firm VanEck, Jan van Eck believes the cryptocurrency industry should shift its focus from established coins like Bitcoin and Ethereum and related exchange-traded funds to the issue of transaction fees.
Top stories in the Crypto Roundup today:
- SEC Defers Decision on Spot Bitcoin ETF Options Trading
- Japanese Investment Firm Invests 1 Billion Yen to Buy Bitcoin as Core Treasury Asset
- VanEck CEO Calls for Crypto Industry to Focus on Transaction Fees
- Binance Volumes Rise 120% MoM, Reaching Highest Level Since May 2021