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Mind Of Mav
SEC Talks Bitcoin ETF With Big Players
Historically, the SEC has been hesitant to approve any spot cryptocurrency exchange-traded products, often delaying decisions on such applications to the maximum extent permitted. However, recent memos from November revealed that the SEC had meetings with representatives from both BlackRock and Grayscale, two major asset managers. Other firms like Hashdex, ARK 21Shares, Invesco Galaxy, VanEck, and Fidelity have also filed for spot BTC or Ether ETFs.
Adam Berker, senior legal counsel at Mercuryo, expressed optimism about the potential approval of these ETFs. He believes that green-lighting ETFs would be a significant boon to the crypto market, attracting more traditional finance (TradFi) investors to crypto assets due to the simplified access an ETF offers. The involvement of major players like Fidelity and BlackRock suggests that a considerable influx of institutional capital could enter the market upon ETF approval.
The final decision from the SEC on approving a spot Bitcoin ETF remains uncertain. Bloomberg ETF analyst James Seyffart has speculated that if the SEC were to approve such a product, it might simultaneously greenlight funds from multiple firms, potentially as early as January.
The SEC, under Chair Gary Gensler, has faced criticism from various quarters within and outside the crypto industry for its approach to regulating cryptocurrencies, particularly regarding the classification of certain tokens as securities. The commission is currently engaged in ongoing lawsuits with several notable entities in the crypto space, including Terraform Labs, Ripple, Coinbase, and Binance.

The ReadySetCrypto "Three Token Pillars" Community Portfolio (V3)
Add your vote to the V3 Portfolio (Phase 3) by clicking here.
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What is the goal of this portfolio?
The “Three Token Pillars” portfolio is democratically proportioned between the Three Pillars of the Token Economy & Interchain:
CryptoCurreny – Security Tokens (STO) – Decentralized Finance (DeFi)
With this portfolio, we will identify and take advantage of the opportunities within the Three
Pillars of ReadySetCrypto. We aim to Capitalise on the collective knowledge and experience of the RSC
community & build model portfolios containing the premier companies and projects
in the industry and manage risk allocation suitable for as many people as
possible.
The Second Phase of the RSC Community Portfolio V3 was to give us a general idea of the weightings people desire in each of the three pillars and also member’s risk tolerance. The Third Phase of the RSC Community Portfolio V3 has us closing in on a finalized portfolio allocation before we consolidated onto the highest quality projects.
Our Current Allocation As Of Phase Three:
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The ReadySetCrypto "Top Ten Crypto" Community Portfolio (V4)
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What is the goal of this portfolio?
Current Top 10 Rankings:
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