Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, the US Securities and Exchange Commission (SEC) delayed the expected launch of the first exchange-traded funds (ETFs) linked to prediction markets, Bitcoin soared to $80,000 for the first time since January, and Strategy executive chairman Michael Saylor said the biggest corporate Bitcoin holder would pause purchases ahead of the company’s Q1 earnings report.
The SEC has delayed the expected launch of the first ETFs linked to prediction markets after requesting more information about their structure and disclosures, Reuters reported Monday.
The delay affects more than two dozen proposed ETFs from Roundhill Investments, GraniteShares and Bitwise, according to Reuters, citing people familiar with the matter. The issuers filed for the products in February, and launches had been expected this week after a 75-day review period.
