UK Lifts Crypto Ban, Opening Regulated Market Access for Retail Investors

On October 2, the UK Financial Conduct Authority removed its retail investor ban on crypto exchange-traded products. The last time since 2021, UK consumers can access regulated Bitcoin and Ethereum-connected products. But the delays in the regulatory approvals imply that investors will have to wait longer to start trading. On September 25, the day before […]

Nubank Seeks US National Bank Charter to Launch Global Expansion and Digital Banking in America

Nu Holdings Ltd. (NYSE:NU) is one of the best stocks to buy under $20. On September 30, Nubank announced that it had applied for a national bank charter with the Office of the Comptroller of the Currency/OCC of the US. This action is a preparatory stage supporting Nubank’s long-term vision of expanding its customer-centric, tech-driven […]

PSEi rises above 6,100 amid buying spree

MANILA, Philippines — The Philippine Stock Exchange Index (PSEi) extended its winning streak to the third consecutive session on Friday. It closed just above the 6,100 mark as investors continued their buying spree. By the closing bell, the benchmark PSEi had rallied by 1.14 percent or 69.1 points to close at 6,108.86. Also, the broader

VanEck Expands Crypto ETFs with Lido Staked Ethereum Registration

The post VanEck Expands Crypto ETFs with Lido Staked Ethereum Registration appeared com. TLDR VanEck has officially registered its Lido Staked Ethereum ETF in Delaware. The filing is an important step before seeking approval from the U. S. Securities and Exchange Commission. Lido Staked Ethereum offers investors exposure to yield-generating digital assets. LDO token saw a significant price surge of 7% following the registration announcement. Delawares favorable trust laws make it a popular jurisdiction for registering new funds. VanEck has officially registered its VanEck Lido Staked Ethereum ETF in the state of Delaware. If approved, this marks a significant expansion of its crypto ETF offerings. The registration indicates VanEck’s growing interest in offering new cryptocurrency investment products. The LDO token saw a 7% price surge following this announcement. VanEck Files Lido Staked Ethereum ETF with SEC VanEck has chosen Delaware to register its Lido Staked Ethereum ETF. This step aligns with the firms typical process of filing in Delaware. Delawares favorable trust laws make it a popular choice for establishing new funds. The filing is a critical first step before seeking approval from the U. S. Securities and Exchange Commission (SEC). Although registration does not guarantee approval, it shows VanEcks commitment to expanding its crypto offerings. VanEck aims to provide investors with exposure to staked Ethereum, allowing access to yield-generating digital assets. The filing reflects growing institutional interest in staking products and crypto ETFs. The agent for this ETF filing is CSC Delaware Trust Company, a common choice for large asset managers. The trust structure ensures compliance with Delaware’s regulations. This move is expected to position VanEck ahead of competitors in the crypto ETF market. Institutional Interest in Ethereum Staking ETFs The launch of Ethereum staking ETFs has already sparked greater institutional interest. VanEck aims to capitalize on this demand by offering the Lido Staked Ethereum ETF. Staked Ethereum involves tokens locked to secure the.

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