The U.S. Securities and Exchange Commission has decided once again to kick the can on its decision about a bitcoin ETF. In a ruling published today, the securities watchdog revealed that an answer on the VanEck/SolidX Bitcoin ETF as proposed by the Cboe would be postponed for another 90 days, pushing the deadline back to August 19. The crypto community wasn’t shocked by the announcement, but the bitcoin price has retreated modestly from Sunday’s fresh 2019 highs. Despite the pullback in the bitcoin price, the cryptocurrency market has several major catalysts this year that will continue to fuel the bull market. And the SEC can’t stick its head in the sand on bitcoin forever. Continue reading SEC Punts on Bitcoin ETF as Unfazed Crypto Bulls Dig in Their Heels
Tag Archives: ETF
New Proposed ETF Would Mix Bitcoin Futures With Sovereign Debt
A new proposed exchange-traded fund (ETF) would invest in bitcoin futures – though only as part of a larger set of more conservative investments. Continue reading New Proposed ETF Would Mix Bitcoin Futures With Sovereign Debt
Another Bitcoin ETF Filed For Approval
The US Securities and Exchange Commission (SEC) has begun its process of consideration for a rule change proposal for listing a Bitcoin ETF proposal submitted by Bitwise Asset Management and NYSE Arca. Continue reading Another Bitcoin ETF Filed For Approval
NYSE Arca Filing Kicks Off Countdown for New Bitcoin ETF
The clock just started on the latest effort to launch a bitcoin exchange-traded fund (ETF). Continue reading NYSE Arca Filing Kicks Off Countdown for New Bitcoin ETF
SEC Commissioner Says Bitcoin ETF Will Be Approved ‘Eventually’
A commissioner at the U.S. Securities and Exchange Commission (SEC) believes a bitcoin exchange-traded fund (ETF) will ultimately be approved. Robert J. Jackson Jr., in an interview published by government-focused news source Roll Call on Wednesday, said: “Eventually, do I think someone will satisfy the standards that we’ve laid out there? I hope so, yes, and I think so.” Continue reading SEC Commissioner Says Bitcoin ETF Will Be Approved ‘Eventually’