The performance of digital currencies varied during trading on Monday, with a slight increase in the price of Bitcoin, remaining above the $104,000 level, while some other currencies experienced a decline.
The U.S. Securities and Exchange Commission expressed legal concerns regarding plans to launch exchange-traded funds that would offer investors storage rewards.
The commission raised explicit and strict objections, stating that these funds may not meet the legal definitions for investment funds under federal securities laws, which is a key requirement for their market launch.