This week in the crypto world saw a range of significant developments, from SEC's deliberations on Ethereum ETFs to new statements from Haley Welch.
SEC Delays Decision on Ethereum ETFs
US regulators have stated they need more time to decide on allowing trading of options linked to Ethereum ETFs, as per a February filing. This was in response to a July request from Nasdaq ISE to permit options contracts for BlackRock's iShares Ethereum Trust (ETHA).
Haley Welch Speaks Out After Silence
Haley Welch, known as the Hawk Tuah girl, made her first media appearance after a period of silence following the HAWK memecoin launch and its subsequent price drop. In a leaked interview with YouTuber FaZe Banks, Welch claimed she was assured of the project's long-term prospects.
Mashinsky Requests Sentencing Delay
Former Celsius CEO Alex Mashinsky has requested that his sentencing hearing be postponed from April to May. Mashinsky's lawyers cite the need for more time to prepare submissions that fully reflect his perspective on his conduct and other factors.
Amid ongoing changes in the crypto industry, the future of regulation and market reactions remains uncertain. These events could significantly influence the development of the cryptocurrency sector in the coming months.
