BNY Mellon, one of the world’s largest custodian banks, is seeking to offer custody services for bitcoin and ether to exchange-traded product (ETP) clients. The bank is also eyeing large-scale growth in the crypto space, with plans to seek more regulatory approvals to capitalize on the lucrative crypto custody market. BNY Mellon Pushes Forward With…
Bonk (BONK) could become the first meme coin to launch an Exchange-Traded Product (ETP) after plans were unveiled at the Solana Breakpoint event. Market experts debate the possibility of a meme Exchange-Traded Fund (ETF), looking at the volatile nature of the asset class. Bonk Inu (BONK) is on the verge of setting a historical precedent…
The U.S. Securities and Exchange Commission (SEC) has issued a bulletin warning about the risks of bitcoin and ether exchange-traded funds (ETFs), highlighting their speculative nature. The regulator urged investors to consider potential issues like price volatility, fraud, and lack of regulatory oversight. SEC Warns Investors About Risks in Bitcoin and Ether ETPs The U.S….