Ex-SEC acting chair: Agency dropped crypto cases to avoid issues with credibility
Published . Updated .
SEC Commissioner Mark Uyeda said that the agency dropped many cases against crypto companies in early 2025 to avoid potential credibility problems in court.
Directly affected
- CRCW Crypto
Named in this report.
Indirectly affected
- IBIT iShares Bitcoin Trust
This price moves with the crypto market
- COIN Coinbase
The crypto exchange moves with trading volumes
- MSTR Strategy
This company's value is tied to its bitcoin holdings
- MARA MARA Holdings
Bitcoin miners move with the bitcoin price
- RIOT Riot Platforms
Bitcoin miners move with the bitcoin price
- HOOD Robinhood
Retail trading apps move with crypto volumes
- BITW BITWISE 10 CRYPTO INDEX ETF SHS REPSTG UNIT BEN INT
GA selected BITW as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- BLOX NICHOLAS CRYPTO INCOME ETF
GA selected BLOX as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- EZPZ FRANKLIN CRYPTO INDEX ETF
GA selected EZPZ as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- FDIG FIDELITY CRYPTO INDUSTRY AND DIGITAL PAYMENTS ETF
GA selected FDIG as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
Price reaction, T-5 to T+3
SEC Commissioner Mark Uyeda said that the agency dropped many cases against crypto companies in early 2025 to avoid potential credibility problems in court.
Source: Cointelegraph
The price since 23 Sep 2026: Bitwise 10 Crypto Index ETF (BITW) versus the S&P 500
Since the first closing price after “Ex-SEC acting chair: Agency dropped crypto cases to avoid issues with credibility,” Bitwise 10 Crypto Index ETF (BITW) is -5.65%. The S&P 500 fund (SPY) is -0.09% over the same days, a -5.56% difference versus the market.
Who gains and who loses around Bitwise 10 Crypto Index ETF (BITW)
Companies tied to this story
- BITW Bitwise 10 Crypto Index ETF
In “Ex-SEC acting chair: Agency dropped crypto cases to avoid issues with credibility,” Bitwise 10 Crypto Index ETF (BITW) is linked, with no stored direction, medium confidence. Reason on file: GA selected BITW as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- BLOX Nicholas Crypto Income Etf
Nicholas Crypto Income Etf (BLOX) is linked, with no stored direction, medium confidence in the 23 Sep 2026 story “Ex-SEC acting chair: Agency dropped crypto cases to avoid issues with credibility.” Reason on file: GA selected BLOX as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- EZPZ Franklin Crypto Trust
Franklin Crypto Trust (EZPZ) is linked, with no stored direction, medium confidence in the 23 Sep 2026 story “Ex-SEC acting chair: Agency dropped crypto cases to avoid issues with credibility.” Reason on file: GA selected EZPZ as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- FDIG Fidelity Crypto Industry And Digital Payments Etf
Fidelity Crypto Industry And Digital Payments Etf (FDIG) is linked, with no stored direction, medium confidence in the 23 Sep 2026 story “Ex-SEC acting chair: Agency dropped crypto cases to avoid issues with credibility.” Reason on file: GA selected FDIG as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- GDLC Grayscale CoinDesk Crypto 5 ETF
In “Ex-SEC acting chair: Agency dropped crypto cases to avoid issues with credibility,” Grayscale CoinDesk Crypto 5 ETF (GDLC) is linked, with no stored direction, medium confidence. Reason on file: GA selected GDLC as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Bitwise 10 Crypto Index ETF (BITW)
The 23 Sep 2026 story “Ex-SEC acting chair: Agency dropped crypto cases to avoid issues with credibility” names Bitwise 10 Crypto Index ETF (BITW) because of this story.
Bitwise 10 Crypto Index ETF (BITW) is on the page because GA selected BITW as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Also listed, Nicholas Crypto Income Etf (BLOX): GA selected BLOX as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
The price range for Bitwise 10 Crypto Index ETF (BITW), and the dates in the story
BITW traded between 51.43 and 56.92 across 20 sessions. The latest close on file is 52.47. BLOX traded between 11.35 and 15.12 across 20 sessions. The latest close on file is 11.52. EZPZ traded between 20.36 and 21.94 across 12 sessions. The latest close on file is 20.59.
What the saved facts support for Bitwise 10 Crypto Index ETF (BITW)
40 out of 100
“Ex-SEC acting chair: Agency dropped crypto cases to avoid issues with credibility” scores 40 out of 100. The score uses 1 sources, and 5 linked companies.