SEC Delays Decisions For WisdomTree & One River Spot Bitcoin ETFs – March 21

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $41,050

Bitcoin price has started the week more or less where it ended, sitting around the $41,000 mark on Monday.

Top-20 altcoins have made promising moves over the last 24 hours of trading, as Ethereum gains 3%, BNB rises 2% and Terra leads with a 6% advance.

Top Stories for March 21, 2022 πŸ”₯

πŸ‘‰ SEC Delays Decisions For WisdomTree & One River Spot Bitcoin ETFs

The US Securities and Exchange Commission (SEC) has delayed its decisions on two spot Bitcoin exchange-traded funds (ETFs).

Decisions on applications from WisdomTree and One River Asset Management have been moved to May 15th and April 3rd respectively, with the SEC stating that it would like more time to review changes and comments.

To date, the SEC has rejected or delayed decisions for all spot Bitcoin ETFs, including most recently denying applications from NYDIG and Global X.

πŸ‘‰ Goldman Sachs Executes First OTC Crypto Options Trade With Galaxy Digital

Goldman Sachs’ digital asset trading division has executed the very first over-the-counter (OTC) crypto option by a major bank in the US, with partner Galaxy Digital.

The trade took the form of a Bitcoin non-deliverable option (NDO) and represents a strong acknowledgement of crypto as a maturing market from the perspective of institutions. Goldman Sachs restarted its Bitcoin trading desk in March of 2021.

πŸ‘‰ Chinese Platforms Take Action On NFTs Fearing Government Crackdown

Chinese internet platforms have reportedly started making significant adjustments around non-fungible tokens (NFTs), in an apparent fear of government action.

Sources say that WeChat has removed major digital collectibles accounts, meanwhile Ant Group and Tencent-owned platforms have updated their user agreements.