The initial proposal for the ETF was submitted on March 25, 2025, and later amended on April 1 to address regulatory considerations and provide additional details. The amended filing aims to list the ETF under Cboe BZX Rule 14.11(e)(4), which governs commodity-based trust shares.
Pi Network's price struggles follow its mainnet launch in February 2025, which initially saw trading restrictions that limited its listing on major platforms. After being listed on Bitget, OKX, and MEXC, the project experienced a sharp decline in value.
If the Cryptocurrency Working Group established by Trump is as enthusiastic as its mastermind, we could see some bold policy frameworks issued in the USA. Countries like India and the EU have been generally conservative in their approach to crypto, even though there is no outright ban.
With its support for Flávio, Bitget becomes the first crypto exchange to participate in the competition and will have its own car in Latin America's largest Grand Touring category.
Dubey highlighted concerns about cryptocurrency, pointing out that Reserve Bank of India (RBI) Governor Shaktikanta Das has consistently stated that cryptocurrencies are not legal tender. Despite this stance, the Supreme Court ruled against restrictions on cryptocurrency exchanges, allowing them to continue operations.
