Cryptocurrency index fund (ETF) provider Bitwise received U.S. Stock Exchange (SEC) filings on the 1st, again delaying the company’s application for a Bitcoin spot ETF, asking Bitwise to clarify how the company will prevent its proposed spot Bitcoin ETF stock manipulation, fraud and other potential problems in
The SEC also expressed concerns about the liquidity and transparency of the Bitwise Bitcoin ETP Trust, and asked for more clarification on the “suitability” of Bitcoin as the fund’s underlying asset.
According to Jake Chervinsky, a blockchain association, the next time the SEC will make a reply is August 14, 2022, but they can still postpone the decision until the October 13 "deadline", so spot ETFs The launch may not see the light of day in a short period of time.
MicroStrategy buys another 666 BTC in January: there are currently 110,000 bitcoins
MicroStrategy: There are currently 110,000 BTC that are not used as collateral, or used for leverage and other operations
The executives of MicroStrategy, the US-listed company that holds the most bitcoins in the world, said at the company's financial report meeting held on the 1st that the company currently has about 110,000 bitcoins that are not used as collateral to generate relevant income, indicating that as the relevant asset classes continue to mature, The company’s options for using Bitcoin to seek leverage, yield or strategic partnership opportunities will increase.
MicroStrategy CEO Michael Saylor said:
In a world where Goldman Sachs, Morgan Stanley, Merrill Lynch, Bank of America, Citigroup and JPMorgan are all interested and involved in this space, I think we have a lot of options, so the counterparty risk we take on will also decrease.
It is understood that MicroStrategy purchased 10,300 bitcoins in the fourth quarter of 2021 and another 660 in January 2022. At present, MicroStrategy has long been the world's largest listed company holding bitcoins.。

Disclaimer : The above empty space does not represent the position of this platform. If the content of the article is not logical or has irregularities, please submit feedback and we will delete or correct it, thank you!