Securities and Exchange Commission

SEC approves first bitcoin investment funds after false start

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The Securities and Exchange Commission (SEC) approved nearly a dozen exchange-traded funds (ETFs) holding bitcoin on Wednesday, the first time the agency has permitted the trading of funds directly invested in a cryptocurrency. The SEC approved 11 spot bitcoin ETFs from several major companies, including BlackRock, Fidelity and Grayscale Investments, as it faced down a … Read more

Judge threatens to force Musk testimony in SEC probe: Report

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A federal judge warned Elon Musk that he will be forced to testify in a Securities and Exchange Commission (SEC) investigation if he does not voluntarily agree to answer questions from the agency about his 2022 purchase of the platform then known as Twitter. U.S. Magistrate Judge Laurel Beeler reportedly dismissed Musk’s argument that the … Read more