- Reuters
US SEC approves exchange applications to list spot ether ETFs
While the ETF issuers also have to get the greenlight before the products can launch, Thursday's approval is a major surprise win for those firms and the cryptocurrency industry, which until Monday had expected the SEC to reject the filings. Nine issuers including VanEck, ARK Investments/21Shares and BlackRock hope to launch ETFs tied to the second-largest cryptocurrency after the SEC in January approved bitcoin ETFs in a watershed moment for the cryptocurrency industry.
- Yahoo Finance Video
Live Nation suit: No 'silver bullet' in DOJ's approach
Alleging a monopoly over live events, US Justice Department officials have filed an antitrust lawsuit against event promoter and ticket vendor Live Nation (LYV). Northeastern University School of Law professor David Herlihy joins Market Domination Overtime to discuss the Justice Department's approach. Herlihy claims that breaking up the company won't quite fix the problem, but outlines what this possible scenario might look like. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This article was written by Gabriel Roy
- Reuters
Russia's Nornickel plans to build a PGMs refinery in Bahrain, source says
Russian metals giant Nornickel plans a joint project for construction of a platinum group metals (PGMs) refinery in Bahrain, a source familiar with the matter told Reuters on Thursday. King Hamad bin Isa Al Khalifa of Bahrain held talks with Russian President Vladimir Putin in the Kremlin earlier on Thursday. In a comment to state TV after the talks, Russian Deputy Prime Minister Alexander Novak said that Nornickel plans to build "a platinum production plant" in Bahrain.
