The US SEC has issued a ban on the trading of Ether Tracker One and Bitcoin Tracker One. The agency cited “a lack of current, consistent and accurate information” as the reason behind the suspension. Consequently, this has the potential to create “confusion amongst market participants” the SEC said. Order of Suspension for XBT Provider’s … Continue reading “US SEC Suspends Trading in Two Cryptocurrency Products”
Bitcoin Tracker One
US SEC Halts Trading in Two Cryptocurrency Products
Author Ian CooperPosted on Categories Business, Cryptocurrency, ETFLeave a comment on US SEC Halts Trading in Two Cryptocurrency ProductsApparently, the US SEC doesn’t take weekends off. The agency just suspended trading on two investment products that track cryptocurrencies. Apparently, there’s confusion over whether the products are exchange trading funds (ETFs). Bitcoin Tracker One and Ether Tracker One are halted until at least September 20, 2018 Both products have a promise to track the … Continue reading “US SEC Halts Trading in Two Cryptocurrency Products”
Bitcoin (BTC) ETN: The Next Best Opportunity?
Author Ian CooperPosted on Categories Bitcoin, Cryptocurrency, ETF, News2 Comments on Bitcoin (BTC) ETN: The Next Best Opportunity?Investors may not have the long-anticipated Bitcoin ETF they want. Though, U.S. investors now have an alternative – a Bitcoin ETN, or an Exchange Traded Note. While its listed and regulated in Sweden, the ETN, Bitcoin Tracker One is now quoted in U.S. dollars under the ticker CXBTF. It’s similar to buying an ADR, or … Continue reading “Bitcoin (BTC) ETN: The Next Best Opportunity?”
