Top Stories of The Week
SEC seeks more time to mull options on Ethereum ETFs
US regulators said they need more time to decide whether to permit the trading of options tied to Ether exchange-traded funds (ETFs), according to a Feb. 7 regulatory filing.
The filing was a response to Nasdaq ISE’s July request for permission to list options contracts for BlackRock’s iShares Ethereum Trust (ETHA). The US Securities and Exchange Commission now has until April 2025 to reach a decision, per the filing.
Nasdaq’s proposed rule change would apply exclusively to options on ETHA, which is the only Ether ETF listed on Nasdaq’s electronic exchange. Others are listed on the New York Stock Exchange’s Arca or Cboe.
Haliey Welch, aka ‘Hawk Tuah,’ speaks out after nearly two months
Haliey Welch, widely known as the “Hawk Tuah” girl, made her first media appearance after nearly two months of silence following the launch of the HAWK memecoin and the subsequent crash of the token’s price.
In a leaked interview conducted with YouTuber FaZe Banks, Welch claimed the project manager for the memecoin told her the token would have a long-term time horizon and would be positive for the crypto space.
Welch said she initially did not want to launch the memecoin and was unfamiliar with the asset sector but did so because she was told half the money from the token would go to her charity.
Alex Mashinsky requests one-month delay for sentencing hearing
Roughly two months after pleading guilty, former Celsius CEO Alex Mashinsky has requested a delay in his sentencing hearing, which is scheduled for April 8.
In a Feb. 5 filing in the US District Court for the Southern District of New York, Mashinsky asked the court to push his sentencing hearing from April 8 until May 8. According to the former Celsius CEO’s lawyers, Mashinsky was “simultaneously being pulled in a number of directions” amid his…
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