The US SEC’s Cryptocurrency Working Group met with CoinShares representatives to discuss issues related to crypto asset regulation

Bitget App

Trade smarter

Cointime2025/06/03 16:24

By:Cointime

the Special Crypto Team of the U.S. Securities and Exchange Commission (SEC) has held talks with representatives from CoinShares International Limited and their legal counsel Chapman & Cutler LLP to discuss the regulatory challenges of launching cryptocurrency exchange-traded products (ETPs) in the United States. It is reported that topics discussed during the meeting included: how to integrate collateral mechanisms into ETP structures, appropriate standards for reviewing new digital asset ETP rule change applications, cryptocurrency custody issues, a comparison of physical and cash subscription and redemption mechanisms, and the feasibility of registered investment companies investing in digital asset ETPs. CoinShares also introduced its cryptocurrency ETP business in Europe, where the company manages over $6 billion in assets, offering 20 publicly listed ETP products covering 13 digital assets and 3 digital asset indexes.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA•2025/09/12 06:14

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA•2025/09/12 06:14