##  [# Hot Reads: EU To Phase Out Russian Oil By Year's End](/sections/daily-hot-reads/hot-reads-eu-phase-out-russian-oil-years-end) 

 

# Hot Reads: EU To Phase Out Russian Oil By Year's End

 

 

 Plus, what to expect from the Fed today.



 

 

 

 

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[By ETF.com Staff](/contributors/etfcom-staff)

 May 04, 2022

 Edited by: ETF.com Staff

 

 

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*Compiled by ETF.com Staff*

[**EU Proposes Banning Russian Oil By Year's End**](https://www.cnbc.com/2022/05/04/eu-proposes-gradual-ban-on-russian-oil-in-sanctions-against-moscow.html) (CNBC)  
 The move comes as Russia struggles in its latest offensive into Ukraine.

[**What To Expect From The Fed Today**](https://www.reuters.com/business/finance/feds-racing-raise-rates-how-high-remains-an-open-bid-2022-04-28/) (Reuters)

A 50 bps hike is probably in the cards.

**[What The SEC Really Wants For a Spot Bitcoin ETF](https://www.cnbc.com/video/2022/05/02/what-the-sec-really-wants-for-a-spot-bitcoin-etf.html "https://www.cnbc.com/video/2022/05/02/what-the-sec-really-wants-for-a-spot-bitcoin-etf.html")** (ETF Edge)

The agency says comprehensive surveillance-sharing agreements between bitcoin exchanges and ETF listing exchanges would overcome its concerns on fraud and manipulation.

**[Cathie Wood Blames Regulators For Slow Crypto Institutional Adoption](https://www.etf.com/sections/bitcoin-crypto/digital-assets-see-120m-outflows "https://www.etf.com/sections/bitcoin-crypto/digital-assets-see-120m-outflows")** (Institutional Investor)

The ARK Invest CEO said she "would've expected more clarity" from the SEC by now.

**[Wall Street Regulators May 'Stagger' Curbs On Complex ETFs](https://www.fa-mag.com/news/wall-street-regulators-consider--staggering--curbs-on-complex-etfs-67676.html "https://www.fa-mag.com/news/wall-street-regulators-consider--staggering--curbs-on-complex-etfs-67676.html")** (Financial Advisor)

Wall Street watchdogs and issuers of "complex" exchange-traded products are headed for a showdown on tough, far-reaching goals to curb retail investor access.

**[Inflation Eating Gains In Post-COVID Bull Market](https://www.etf.com/sections/bitcoin-crypto/digital-assets-see-120m-outflows "https://www.etf.com/sections/bitcoin-crypto/digital-assets-see-120m-outflows")** (ThinkAdvisor)

Spiraling prices are raising recession risk and debasing the value of what's left of an investor's equity gains.

**[Avoid 'Evil' Bitcoin &amp; Stay Sane?](https://www.advisorperspectives.com/articles/2022/05/03/avoid-evil-bitcoin-and-stay-sane-investing-wisdom-from-buffett-and-munger "https://www.advisorperspectives.com/articles/2022/05/03/avoid-evil-bitcoin-and-stay-sane-investing-wisdom-from-buffett-and-munger")** (Advisor Perspectives)

Investing wisdom from Warren Buffett and Charlie Munger.

**[SEC Adds 20 Staff To Crypto Enforcement Team](https://www.fa-mag.com/news/sec-crypto-team-getting-20-more-officials-in-bid-to-crack-down-67666.html "https://www.fa-mag.com/news/sec-crypto-team-getting-20-more-officials-in-bid-to-crack-down-67666.html")** (FAMag)

The unit will police new crypto offerings and exchanges, protect crypto investors and monitor cyber-related threats.



 

 

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