Republican Presidential candidate Donald Trump has chosen Ohio Senator JD Vance, a crypto-friendly former venture capitalist who holds between $100,000 and $250,000 in Bitcoin on cryptocurrency exchange Coinbase, according to a financial disclosure.
The U.S. Securities and Exchange Commission (SEC) has told prospective spot Ether exchange-traded fund issuers that the funds can start trading as soon as next week. The regulatory green light comes after issuers submitted amended applications last week.
BlackRock Chairman and CEO Larry Fink has recently revealed he believes Bitcoin is a legitimate financial instrument that offers unique benefits such as uncorrelated returns, which can be particularly valuable in times of economic instability.
Top stories in the Crypto Roundup today:
- Trump Picks Bitcoin-Holding Senator JD Vance for Vice President
- Spot Ether ETFs to Start Trading Next Week, SEC Tells Issuers
- BlackRock’s CEO Calls Bitcoin a ‘Legitimate Financial Instrument’
- Euro Stablecoins Tumble After Multiple EURT Delistings