ChainCatcher news, according to the Financial Times, U.S. exchange-traded fund provider Global X stated that its Global X Bitcoin and Ethereum ETP will not charge any fees until January 3, 2025, after which the fee will become 0.29%.These two products were initially listed in March 2022 on the Xetra exchange in Frankfurt and the Swiss Exchange in Zurich, with a total expense ratio of 0.65%.

ChainCatcher news, ETF provider ProShares today announced that Steve Munroe has joined the company as Managing Director and Chief Marketing Officer. Munroe will be based at the company's New York City office in Hudson Yards, reporting directly to ProShares CEO Michael L. Sapir and joining the company's management team.It is reported that prior to joining ProShares, Munroe was with Global X, where he served as Head of Marketing since 2015, overseeing initiatives to drive growth of the company's ETF product line in the U.S., Europe, and other regions. Before joining Global X, Mr. Munroe held marketing and research positions at Liberty Mutual Insurance and Kantar (formerly MaPS).

ChainCatcher news, a document released by Bloomberg analyst James Seyffart shows that Global X has officially submitted to withdraw its Bitcoin ETF (Global X Bitcoin Trust) application.In response, the analyst stated: "This is not surprising, as we first learned of their exit from the competition in early December, but now it is an official withdrawal."

ChainCatcher news, according to The Block, the U.S. Securities and Exchange Commission (SEC) will delay its decision on the Global X spot Bitcoin ETF until December 22, and has set a comment period, during which the public will have 35 days to provide feedback on the proposal.Additionally, the SEC will also postpone its decision on whether to approve the Franklin Templeton Bitcoin ETF until early 2024.

ChainCatcher news, according to The Block, the U.S. Securities and Exchange Commission (SEC) has postponed the review timeline for the Ark 21Shares Bitcoin spot ETF application, which was originally set to be approved by November 11, now delayed to January 10 of next year.

ChainCatcher news, according to CoinDesk, Global X has refiled its application for a spot Bitcoin exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC), listing Coinbase as its "surveillance-sharing" partner in the new application. Meanwhile, the company has also requested approval for a Bitcoin futures ETF.