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BIT (formerly Matrixport) is one of the fastest growing digital asset financial service platforms in Asia. Matrixport provides one-stop crypto financial services with an average monthly trading volume of over $5 billion. These products include Cactus Custody, spot OTC, fixed income, structured products, loans and asset management.

BIT: SEC's Proposed Crypto Fundraising Exemption Rules May Open Up Room for Altcoin Fundraising and Market Rallies

According to analysis by BIT's official Chinese account (@BITofficial_CN), the U.S. Securities and Exchange Commission (SEC)'s proposed crypto asset regulatory rules may provide securities registration exemptions for qualifying crypto asset financing activities, thereby lowering the compliance threshold for token offerings and improving the industry's financing environment. Under the proposal, eligible issuances may qualify for two types of exemptions: a one-time fundraising exemption capped at $5 million over four years, and another that permits issuers to raise up to $75 million within any consecutive 12-month period. Both categories must fulfill disclosure obligations, while the latter is also required to submit financial statements and make ongoing disclosures.

BIT US Stock Options Launch Countdown, Early Bird Exclusive Benefits Also Begin

BIT US stock options trading will officially launch on July 24. Following its margin trading (securities lending and borrowing) service, BIT is further expanding its derivatives matrix to provide users with lower-cost, risk-controllable tools for US stock trading and hedging.In terms of fees, BIT US stock options charge $0 commission for both buying and selling, with platform usage fees as low as $0.30 per contract—only half the fee charged by similar platforms. The minimum fee per transaction is $0.99, consistent with US stock trading, and options trading incurs no additional markup, helping users enter the market with a lower threshold.The initial launch will cover approximately 2,000 highly liquid US stock underlying assets, and will prioritize opening options buyer trading (Long Call / Long Put), while not yet supporting seller (Short) opening positions. The maximum loss for buyers is locked in as the premium paid at the time of order placement, effectively avoiding liquidation risks in extreme market conditions. The product's coverage scope and trading methods will be gradually expanded based on risk control system validation and market demand.Early bird exclusive offers and experience benefits are now available. By completing your first option trade or inviting a friend to participate, you can receive multiple early bird rewards, including 30 days of free real-time options quotes and popular stocks. For event details, please refer to the BIT US Stock Channel.Risk Warning: Options trading involves risk, which may result in the total loss of the premium paid. Please use investment and financing tools reasonably based on your own investment objectives and risk tolerance.

BIT Brokerage Launches US Stock Short Selling Function, Enabling Long/Short Two-Way Trading of US Stocks

following the recent launch of margin trading functionality, BIT (formerly Matrixport) today officially announced the上线 of its US stock short selling (short) function, marking a key闭环 in BIT's brokerage business achieving a long/short two-way trading ecosystem for US stocks. This provides investors with tools to hedge risks and profit flexibly in a volatile market, and lays sufficient foundational infrastructure for the upcoming options trading.Regarding this business upgrade, Elio Cui, Head of BIT Brokerage, stated: "With the launch of short selling, BIT Brokerage has become one of the very few trading platforms in the industry that simultaneously supports margin trading, short selling, and options布局 under a real US stock framework. Our product planning has been built from the start to benchmark against the complete investment experience of traditional brokerages. Within a single account, users can seamlessly execute long/short two-way allocation and risk hedging, navigating different market cycles with higher capital efficiency."After this feature goes live, users of BIT's integrated account (margin account) who meet the initial margin requirements can short sell designated US stocks. The platform will dynamically update key risk control indicators such as margin rates, stock borrowing costs, and short pool availability in real-time to ensure transparency and efficiency in trading.As a crucial part of enhancing its US stock brokerage services, BIT also reminds investors that short selling involves market risks and is affected by factors such as market volatility, stock borrowing costs, and interest rate fluctuations. The platform will dynamically adjust the list of stocks available for short selling based on market liquidity and risk control policies, offering investors qualified US stock short selling opportunities within a stable and secure framework.To coincide with the launch of the new service, BIT Brokerage is offering a limited-time "0 fee" promotion.

Analysis: Bitcoin Mining Companies Pivot to AI Infrastructure, Performance Consistently Outperforms Bitcoin

According to BIT analysis, AI-related stocks such as semiconductors and memory chips have recently undergone a round of valuation repricing, with stock prices correcting somewhat. However, in comparison, Bitcoin mining companies have significantly outperformed Bitcoin.

BIT Margin Trading is about to launch public beta, with professional trading capabilities continuously upgrading

Odaily Odaily News BIT (formerly Matrixport) has officially launched its Margin Trading feature and will open public beta on June 26. BIT is the first platform in the crypto industry to offer a margin function. Users can now submit margin applications through the official website or APP. BIT will review applications based on account status and risk management requirements and gradually open margin limits.In addition, features such as securities lending are also in preparation and will be gradually rolled out in accordance with regulatory requirements and product progress.During the public beta, BIT is simultaneously launching the "First Margin Borrow · Limited-Time Zero Interest" and "Interest Cashback Rewards" campaigns. Users who utilize margin for the first time during the event period will enjoy 0% interest on their first loan for 30 days, allowing users to experience the capital efficiency of leverage with zero interest.Elio Cui, Head of the Brokerage Business, stated: “BIT is the first to offer margin functionality, completing the client journey from account opening and trading to capital leverage. This allows BIT clients to enhance investment efficiency and gain early access to the world’s most wealth-generating assets without relying on bank cards or leaving the digital asset ecosystem.”BIT also reminds users that while margin trading improves capital efficiency, it also carries corresponding risks. Users should fully understand the margin rules and risk control mechanisms and participate prudently based on their own risk tolerance.

BIT: Crypto Market Bets on Post-IPO Strength of SpaceX; Pre-IPO Contract Implied Valuation Nears $2 Trillion

According to an independent analyst report by Markus Thielen on June 9, just days remain before SpaceX’s IPO, and market expectations continue to intensify. There is currently little indication that SpaceX will raise its expected offering price of $135, suggesting the targeted fundraising amount of $7.5 billion has already been substantially subscribed. Meanwhile, pre-IPO synthetic perpetual contracts tied to SpaceX are trading at $157 on Hyperliquid and $169 on Binance—both significantly above the expected offering price—with implied valuations on both platforms approaching $2 trillion. Although prices have retreated from earlier highs near $200, prediction markets still assign a 68% probability that SpaceX’s valuation will exceed $2 trillion by year-end, reflecting traders’ broad expectation of a strong IPO performance.

BIT: Senate Vote on CLARITY Act Imminent, Legislative Progress May Boost Short-Term Market Sentiment

According to BIT's daily analysis report, Trump has largely agreed to new bipartisan ethics provisions requiring relevant officials to divest their held crypto assets or place them in blind trusts. The latest approximately 630-page version of the CLARITY Act will face a Senate procedural vote at 2:15 PM ET on September 15, which requires 60 votes in favor. With Republicans currently holding only 53 seats, the majority must secure support from at least seven Democrats or independents. The revised draft incorporates over 100 amendments proposed by Democrats, including adjustments to DeFi registration rules. However, ethics restrictions targeting government officials remain contentious and include a sunset clause set for January 2029. Even if the procedural vote passes, the legislation still must navigate formal debate, amendment review, and House approval. While the bill's tangible impact on the market remains uncertain, legislative progress this week could provide a boost to short-term market sentiment.

BIT: Fed Expected to Hold Rates Steady, U.S. Stocks May Trend Higher Amid Volatility in September

According to an analysis by BIT official Chinese (@BITofficial_CN), US stocks historically tend to enter a consolidation phase in September, particularly ahead of midterm elections. Despite market concerns over a potential Federal Reserve rate hike next week, BIT anticipates that the Fed is more likely to keep interest rates unchanged, helping markets downplay the impact of short-term monetary policy and political uncertainties. The S&P 500 Index currently trades slightly above its 30-day moving average, and the overall uptrend remains intact, with trend-following funds continuing to maintain long exposure. Absent any major risk events, US stocks are still expected to trend higher amid fluctuations. While tensions surrounding Iran and oil price risks continue to unsettle markets, US equities as a whole display strong resilience.

BIT: SEC's Proposed Crypto Fundraising Exemption Rules May Open Up Room for Altcoin Fundraising and Market Rallies

According to analysis by BIT's official Chinese account (@BITofficial_CN), the U.S. Securities and Exchange Commission (SEC)'s proposed crypto asset regulatory rules may provide securities registration exemptions for qualifying crypto asset financing activities, thereby lowering the compliance threshold for token offerings and improving the industry's financing environment. Under the proposal, eligible issuances may qualify for two types of exemptions: a one-time fundraising exemption capped at $5 million over four years, and another that permits issuers to raise up to $75 million within any consecutive 12-month period. Both categories must fulfill disclosure obligations, while the latter is also required to submit financial statements and make ongoing disclosures.

BIT: Bitcoin Records Strongest Rally Since 2023 Banking Crisis as Expectations for Macro Policy Support Rise

In its published analysis, BIT notes that Bitcoin is experiencing its strongest rally since the collapses of Silicon Valley Bank and Signature Bank in March 2023. During that period, US authorities implemented emergency measures to stabilize the banking system, and the current market sentiment mirrors that era—the recent interventions by the US Treasury in the Japanese yen FX market and bond markets have heightened investor expectations for further macroeconomic policy support. Meanwhile, the SEC's proposed regulatory framework for crypto assets has sent increasingly favorable signals, further bolstering market sentiment. BIT's official Chinese-language analysis indicates that Bitcoin has regained its upward momentum, aligning closely with the scenarios discussed in research over the past several weeks.

BIT: Bitcoin Shows Resilience at Cycle Bottom Under Dual Negative Pressure, $70,000 Becomes Key Confirmation Level

According to BIT Official Chinese (@BITofficial_CN) analysis, the current crypto market faces dual pressure from the Federal Reserve's hawkish stance and the slowed progress of the CLARITY Act. Federal Reserve Chair Kevin Warsh maintains a hawkish stance; the 2-year US Treasury yield has risen cumulatively by approximately 35 basis points since late January, and the Committee has seen a pattern of 9 votes to maintain interest rates and 3 votes supporting rate hikes. Regarding the CLARITY Act, prediction markets indicate a mere 32% probability of it being signed by the end of 2026, with the legislative window continuing to narrow. Meanwhile, crypto market trading volume has retreated 80% from highs, total market cap has fallen approximately 50%, and USDT and USDC have shown no significant expansion since November 2025, reflecting an overall lack of new USD liquidity in the market. Despite this, Bitcoin remains within the $62,000 to $66,000 range, correcting only about 3% over the past week. It demonstrates stronger resilience compared to most altcoins, reflecting that active position adjustment pressure has been largely released. BIT points out that if Bitcoin subsequently regains $70,000 and drives multiple indicators to turn bullish, it will further confirm that the low point of this cycle has been established.

BIT Official: Fed Turns Hawkish, CLARITY Act Prospects Weaken, Bitcoin May Be Near Cycle Bottom

Odaily News, BIT Official released a weekly report stating that trading volume in the crypto market has fallen 80% from its peak, contracting approximately 60% from the Q4 2025 high, while the total crypto market cap has also dropped 50%. The report noted that without a meaningful recovery in volume, the market will struggle to form a sustained rebound.Despite the market still digesting the double headwinds of the Fed's hawkish policy stance and stalled progress on the CLARITY Act, Bitcoin has held within the $62,000 to $66,000 range. BIT Official expects Bitcoin to eventually break upward.The report stated that Fed Chair Kevin Warsh has recently adopted a "say less, do less" communication strategy, and the uncertainty surrounding his policy stance is unsettling the market. Warsh has been known for his hawkish position over the past two decades, but the market had previously anticipated that, with Trump's support, he might push monetary policy in a more dovish direction. If that shift materializes, it could be a positive catalyst for Bitcoin.Additionally, prediction market data shows that the probability of the CLARITY Act being signed into law by the end of 2026 currently stands at just 32%. Senate Majority Leader John Thune has indicated that the Senate will prioritize other issues, and with the August recess approaching, the remaining legislative window for the bill is further narrowing.

BIT: Fed Pause on Rate Hikes Could Mark the Start of a Q4 Crypto Rally

According to BIT's weekly "On Target" report, BIT analysts identify two key market catalysts: first, U.S. debt has surpassed the psychological threshold of $40 trillion, and second, U.S. Treasury yields are approaching the critical 5.0% level. Since July 24, Bitcoin has accumulated gains of 22% and gold has risen 9.4%, confirming earlier forecasts. Macro cycle models indicate that the market is currently in the first phase of cyclical reflation, typically accompanied by a weakening U.S. dollar and rising commodity prices. Historical data indicates that during this phase: • Annualized returns for U.S. equities at approximately 29% • Annualized returns for gold at approximately 47% • Annualized returns for Bitcoin at approximately 73% Furthermore, between 2020 and 2026, the compound annual growth rate (CAGR) of U.S. debt has reached 8.59%, while the CAGR for M2 money supply stands at 6.02%, significantly outpacing the CPI's 4.11%. This sustained accumulation of long-term inflationary pressure further reinforces the allocation rationale for gold and Bitcoin.

Analysis: Capital inflows into the crypto market improve, accumulating $6.7 billion over the past 30 days.

According to BIT analysis, the composite institutional capital inflow metric shows that approximately $6.7 billion flowed into the crypto market over the past 30 days. This metric encompasses MicroStrategy purchases, Bitcoin ETF capital flows, and stablecoin issuance. In comparison, June recorded a net outflow of approximately $13 billion, marking a clear reversal in capital flows. BIT stated that the improving trend of capital inflows is currently supporting market momentum, but further acceleration is still required to drive larger gains for Bitcoin.

Profit of $9.897 million realized; bit-affiliated entity closes 40,000 ETH position, another address adds 9,021 ETH

Odaily News: According to on-chain analyst Ai Yi's monitoring, the bit-affiliated entity that previously held a long position of 120,000 ETH closed 40,000 ETH at $2,513 this morning, realizing a profit of $9.897 million. After the ETH price declined, another address began adding to its position, executing 9,021 ETH, with an open order indicating plans to add another 10,000 ETH. Currently, the three addresses collectively hold 59,000 ETH in long positions, with unrealized gains of $8.73 million.

First profit-taking in four months: Bit-associated entity reduces position by 38,000 ETH, realizing a profit of $9.407 million

According to on-chain analyst Ai Yi's monitoring, the Bit-associated entity (0x6c8…d84f6) has taken profits for the first time in four months, reducing its position by 38,000 ETH and realizing a profit of $9.407 million. Currently, four addresses still hold long positions of over 82,000 ETH, with unrealized gains exceeding $20 million.

BIT: Bitcoin 7-day implied volatility fell to 25%, at a historical low

According to analysis by BIT Official Chinese (@BITofficial_CN), Bitcoin's 7-day implied volatility has fallen below the 30% threshold to 25%, similar to the low volatility period in the summer of 2023. Against the backdrop of relatively low option prices, analysts suggest investors consider the "spot substitution strategy"—selling a portion of Bitcoin spot holdings and replacing them with bull call spreads or directly buying call options, which not only retains upside exposure but also limits the maximum loss to the option premium if prices continue to fall, while the released funds can also generate interest elsewhere.

Analyst: Anthropic IPO May Drive Related Beneficiary Stocks to Rally Again

According to BIT analysts, the major IPO wave continues. Anthropic is currently expected to go public in late September or early October 2026. The trading price of its private secondary market shares has risen to $598, a significant increase from $59 in July 2025 and $162 in August 2025.

BIT: Senate Vote on CLARITY Act Imminent, Legislative Progress May Boost Short-Term Market Sentiment

According to BIT's daily analysis report, Trump has largely agreed to new bipartisan ethics provisions requiring relevant officials to divest their held crypto assets or place them in blind trusts. The latest approximately 630-page version of the CLARITY Act will face a Senate procedural vote at 2:15 PM ET on September 15, which requires 60 votes in favor. With Republicans currently holding only 53 seats, the majority must secure support from at least seven Democrats or independents. The revised draft incorporates over 100 amendments proposed by Democrats, including adjustments to DeFi registration rules. However, ethics restrictions targeting government officials remain contentious and include a sunset clause set for January 2029. Even if the procedural vote passes, the legislation still must navigate formal debate, amendment review, and House approval. While the bill's tangible impact on the market remains uncertain, legislative progress this week could provide a boost to short-term market sentiment.

BIT: Bitcoin Records Strongest Rally Since 2023 Banking Crisis as Expectations for Macro Policy Support Rise

In its published analysis, BIT notes that Bitcoin is experiencing its strongest rally since the collapses of Silicon Valley Bank and Signature Bank in March 2023. During that period, US authorities implemented emergency measures to stabilize the banking system, and the current market sentiment mirrors that era—the recent interventions by the US Treasury in the Japanese yen FX market and bond markets have heightened investor expectations for further macroeconomic policy support. Meanwhile, the SEC's proposed regulatory framework for crypto assets has sent increasingly favorable signals, further bolstering market sentiment. BIT's official Chinese-language analysis indicates that Bitcoin has regained its upward momentum, aligning closely with the scenarios discussed in research over the past several weeks.

Analysis: US Dollar Weakness and Interest Rate Expectation Repricing May Benefit Gold and Bitcoin

BIT released a market analysis stating that, from a technical perspective, gold may be in a bottoming-out phase. The report also pointed out that its view differs from the current market consensus: although the bond market is still pricing in expectations of two Federal Reserve rate hikes within the year, it judges that there may be no rate hikes this year.

BIT: Bitcoin Shows Resilience at Cycle Bottom Under Dual Negative Pressure, $70,000 Becomes Key Confirmation Level

According to BIT Official Chinese (@BITofficial_CN) analysis, the current crypto market faces dual pressure from the Federal Reserve's hawkish stance and the slowed progress of the CLARITY Act. Federal Reserve Chair Kevin Warsh maintains a hawkish stance; the 2-year US Treasury yield has risen cumulatively by approximately 35 basis points since late January, and the Committee has seen a pattern of 9 votes to maintain interest rates and 3 votes supporting rate hikes. Regarding the CLARITY Act, prediction markets indicate a mere 32% probability of it being signed by the end of 2026, with the legislative window continuing to narrow. Meanwhile, crypto market trading volume has retreated 80% from highs, total market cap has fallen approximately 50%, and USDT and USDC have shown no significant expansion since November 2025, reflecting an overall lack of new USD liquidity in the market. Despite this, Bitcoin remains within the $62,000 to $66,000 range, correcting only about 3% over the past week. It demonstrates stronger resilience compared to most altcoins, reflecting that active position adjustment pressure has been largely released. BIT points out that if Bitcoin subsequently regains $70,000 and drives multiple indicators to turn bullish, it will further confirm that the low point of this cycle has been established.

BIT Official: Fed Turns Hawkish, CLARITY Act Prospects Weaken, Bitcoin May Be Near Cycle Bottom

Odaily News, BIT Official released a weekly report stating that trading volume in the crypto market has fallen 80% from its peak, contracting approximately 60% from the Q4 2025 high, while the total crypto market cap has also dropped 50%. The report noted that without a meaningful recovery in volume, the market will struggle to form a sustained rebound.Despite the market still digesting the double headwinds of the Fed's hawkish policy stance and stalled progress on the CLARITY Act, Bitcoin has held within the $62,000 to $66,000 range. BIT Official expects Bitcoin to eventually break upward.The report stated that Fed Chair Kevin Warsh has recently adopted a "say less, do less" communication strategy, and the uncertainty surrounding his policy stance is unsettling the market. Warsh has been known for his hawkish position over the past two decades, but the market had previously anticipated that, with Trump's support, he might push monetary policy in a more dovish direction. If that shift materializes, it could be a positive catalyst for Bitcoin.Additionally, prediction market data shows that the probability of the CLARITY Act being signed into law by the end of 2026 currently stands at just 32%. Senate Majority Leader John Thune has indicated that the Senate will prioritize other issues, and with the August recess approaching, the remaining legislative window for the bill is further narrowing.

BIT: BTC's RSI rebounded after falling to the 30% oversold zone

According to charts released by independent analyst Markus Thielen on July 27, 2026, the Bitcoin price and Relative Strength Index (RSI) trends show a clear divergence signal. The RSI recently fell to the 30% oversold zone, then rebounded to around the 50% level, while the BTC price also recovered from near the lows to approximately $64,645. Notably, the purple downward trend line in the chart shows that since the June 2025 high (approximately $125,000), BTC has been overall in a downward channel; the current price is still suppressed by this resistance line, and whether it can effectively break through will be key to judging subsequent trends.

Related news

BIT: Senate Vote on CLARITY Act Imminent, Legislative Progress May Boost Short-Term Market Sentiment

According to BIT's daily analysis report, Trump has largely agreed to new bipartisan ethics provisions requiring relevant officials to divest their held crypto assets or place them in blind trusts. The latest approximately 630-page version of the CLARITY Act will face a Senate procedural vote at 2:15 PM ET on September 15, which requires 60 votes in favor. With Republicans currently holding only 53 seats, the majority must secure support from at least seven Democrats or independents. The revised draft incorporates over 100 amendments proposed by Democrats, including adjustments to DeFi registration rules. However, ethics restrictions targeting government officials remain contentious and include a sunset clause set for January 2029. Even if the procedural vote passes, the legislation still must navigate formal debate, amendment review, and House approval. While the bill's tangible impact on the market remains uncertain, legislative progress this week could provide a boost to short-term market sentiment.

BIT: Fed Pause on Rate Hikes Could Mark the Start of a Q4 Crypto Rally

According to BIT's weekly "On Target" report, BIT analysts identify two key market catalysts: first, U.S. debt has surpassed the psychological threshold of $40 trillion, and second, U.S. Treasury yields are approaching the critical 5.0% level. Since July 24, Bitcoin has accumulated gains of 22% and gold has risen 9.4%, confirming earlier forecasts. Macro cycle models indicate that the market is currently in the first phase of cyclical reflation, typically accompanied by a weakening U.S. dollar and rising commodity prices. Historical data indicates that during this phase: • Annualized returns for U.S. equities at approximately 29% • Annualized returns for gold at approximately 47% • Annualized returns for Bitcoin at approximately 73% Furthermore, between 2020 and 2026, the compound annual growth rate (CAGR) of U.S. debt has reached 8.59%, while the CAGR for M2 money supply stands at 6.02%, significantly outpacing the CPI's 4.11%. This sustained accumulation of long-term inflationary pressure further reinforces the allocation rationale for gold and Bitcoin.

Analysis: Capital inflows into the crypto market improve, accumulating $6.7 billion over the past 30 days.

According to BIT analysis, the composite institutional capital inflow metric shows that approximately $6.7 billion flowed into the crypto market over the past 30 days. This metric encompasses MicroStrategy purchases, Bitcoin ETF capital flows, and stablecoin issuance. In comparison, June recorded a net outflow of approximately $13 billion, marking a clear reversal in capital flows. BIT stated that the improving trend of capital inflows is currently supporting market momentum, but further acceleration is still required to drive larger gains for Bitcoin.

BIT: Fed Expected to Hold Rates Steady, U.S. Stocks May Trend Higher Amid Volatility in September

According to an analysis by BIT official Chinese (@BITofficial_CN), US stocks historically tend to enter a consolidation phase in September, particularly ahead of midterm elections. Despite market concerns over a potential Federal Reserve rate hike next week, BIT anticipates that the Fed is more likely to keep interest rates unchanged, helping markets downplay the impact of short-term monetary policy and political uncertainties. The S&P 500 Index currently trades slightly above its 30-day moving average, and the overall uptrend remains intact, with trend-following funds continuing to maintain long exposure. Absent any major risk events, US stocks are still expected to trend higher amid fluctuations. While tensions surrounding Iran and oil price risks continue to unsettle markets, US equities as a whole display strong resilience.

Realized profit of $55.095 million; 11 addresses associated with Bit have closed out BTC and ETH long positions worth approximately $419 million

Odaily News According to monitoring by Ai Yi, 11 addresses associated with Bit have successively closed out long positions in BTC and ETH worth approximately $419 million, realizing a cumulative profit of about $55.095 million. Currently, only address 0xf78 still holds a long position of 1,602.11 ETH, with a position value of approximately $3.97 million and an unrealized profit of about $707,000.

BIT: SEC's Proposed Crypto Fundraising Exemption Rules May Open Up Room for Altcoin Fundraising and Market Rallies

According to analysis by BIT's official Chinese account (@BITofficial_CN), the U.S. Securities and Exchange Commission (SEC)'s proposed crypto asset regulatory rules may provide securities registration exemptions for qualifying crypto asset financing activities, thereby lowering the compliance threshold for token offerings and improving the industry's financing environment. Under the proposal, eligible issuances may qualify for two types of exemptions: a one-time fundraising exemption capped at $5 million over four years, and another that permits issuers to raise up to $75 million within any consecutive 12-month period. Both categories must fulfill disclosure obligations, while the latter is also required to submit financial statements and make ongoing disclosures.