Key Points: Franklin Templeton has filed for a Bitcoin and Ethereum Index ETF with the SEC. The ETF will offer combined exposure to Bitcoin and Ethereum without direct asset ownership. BNY Mellon will serve as custodian, while Coinbase Custody will...
The United States Securities and Exchange Commission (SEC) has approved the Bank of New York Mellon Corp (BNY) ’s custody of crypto assets beyond ETFs.
BNY Mellon is taking significant steps toward entering the crypto custody market, particularly for Bitcoin and Ethereum exchange-traded funds (ETFs), after securing an exemption from the SEC, Bloomberg News reported on Sept. 24. According to the...
BNY Mellon, a major global asset custodian, secured approval from the U.S. Securities and Exchange Commission (SEC) to provide Bitcoin and other digital asset custody services, on September 20, 2024. The approval allows the $49 trillion asset...
The Bank of New York (BNY) has received a variance by following the SEC’s Staff Accounting Bulletin No. 121 (SAB 121) guidelines, according to the host of the Thinking Crypto podcast. This variance will allow BNY to hold Bitcoin as part of its...
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