The US SEC has set November 5th as the deadline for reviewing all ETF applications. The commission indicated that the deadline date will give investors time to review their investments and comply with new rules. The proposed rules will change the trading methods of exchange traded funds and Bitcoin.Additionally, the review will affect 9 ETFs … Continue reading “US SEC to Review Nine Rejected Bitcoins ETFs Next Week”
Direxion
Bitcoin ETF: US SEC Ready to Rule in late October 2018 on Crypto Market
Author Ian CooperPosted on Categories Bitcoin, Blockchain, Business, Cryptocurrency, ETFLeave a comment on Bitcoin ETF: US SEC Ready to Rule in late October 2018 on Crypto MarketThe U.S. SEC just filed amendments on proposed rule changes on nine Bitcoin ETF proposals. This will affect two Granite Bitcoin ETFs, including the GraniteShares Short Bitcoin ETF and the GraniteShaes Bitcoin ETF. It will also impact ETFs proposed by Direxion and ProShares. In August 2018, the SEC denied all ETFs The US SEC cited … Continue reading “Bitcoin ETF: US SEC Ready to Rule in late October 2018 on Crypto Market”
US SEC Sets New Deadline for Bitcoin ETFs
Author Ian CooperPosted on Categories Bitcoin, Business, Cryptocurrency, ETFLeave a comment on US SEC Sets New Deadline for Bitcoin ETFsIn late August 2018, cryptocurrencies pulled back on the U.S. SEC’s denial of nine ETFs. In fact, it rejected two ETFs by ProShares that would track Bitcoin future contracts. It denied five inversed and leveraged ETFs from Direxion. And it denied one from GraniteShares. The news came as no surprise The US SEC cited failure … Continue reading “US SEC Sets New Deadline for Bitcoin ETFs”
Morgan Creek, Bitwise Team to Launch Digital Asset Index Fund
Author Ian CooperPosted on Categories Altcoin, Bitcoin, Blockchain, Business, Cryptocurrency, ETF, EthereumLeave a comment on Morgan Creek, Bitwise Team to Launch Digital Asset Index FundSummer may not have been kind to cryptocurrency investors. But a newly issued fund may help raise interest. After all, the U.S. SEC did reject a string of ETFs filed byProShares GraniteShares, and five leveraged and inverse ETFs from Direxion. All thanks to government agency fear of fraud and manipulation. However, the arrival of institutional … Continue reading “Morgan Creek, Bitwise Team to Launch Digital Asset Index Fund”
Cryptocurrency Markets see Momentum, as SEC Promises Review
Author Ian CooperPosted on Categories Bitcoin, Business, Cryptocurrency, ETF, Law, RegulationsLeave a comment on Cryptocurrency Markets see Momentum, as SEC Promises ReviewAll may not be lost for cryptocurrency ETFs. Sure, the US SEC may have jolted the market with more delays But that was to be expected. Remember, the U.S. SEC can’t just approve the cryptocurrency ETFs because they feel like it. Or because traders are begging and pleading for it. The government agency has to … Continue reading “Cryptocurrency Markets see Momentum, as SEC Promises Review”
Why Bitcoin Prices are Stable, Despite US SEC Ruling
Author Ian CooperPosted on Categories Bitcoin, Business, Cryptocurrency, ETFLeave a comment on Why Bitcoin Prices are Stable, Despite US SEC RulingDespite the US SEC decision to deny nine ETFs, Bitcoin prices are surprisingly stable. It appears bad news has been priced into the coin. We truly expected to see a sizable sell-off, but it never came. That’s because the U.S. SEC is taking a second look at the recent decision. In fact, according to Commissioner, … Continue reading “Why Bitcoin Prices are Stable, Despite US SEC Ruling”
Why the US SEC Predictably Denied 9 Bitcoin ETFs
Author Ian CooperPosted on Categories Bitcoin, Business, Cryptocurrency, ETF, News, RegulationsLeave a comment on Why the US SEC Predictably Denied 9 Bitcoin ETFsCryptocurrencies are under pressure thanks to the U.S. SEC denial of nine Bitcoin ETFs. It rejected two ETFs by ProShares that would track Bitcoin future contracts. It denied five inversed and leveraged ETFs from Direxion. And it denied one from GraniteShares. The news comes as no surprise The US SEC cited failure to prevent manipulation and … Continue reading “Why the US SEC Predictably Denied 9 Bitcoin ETFs”
SEC to Rule on 9 Bitcoin (BTC) ETF’s in Next Two Months
Author David CrowderPosted on Categories Altcoin, Bitcoin, Cryptocurrency, ETFLeave a comment on SEC to Rule on 9 Bitcoin (BTC) ETF’s in Next Two MonthsThe Securities Exchange Commission (SEC) has let slip some big news on Bitcoin (BTC) ETF’s. These are the fabled pot of gold at the end of the rainbow for cryptocurrency enthusiasts. They signify huge adoption of digital assets when the first one becomes approved. It will allow mainstream, retail, and even institutional investors to find … Continue reading “SEC to Rule on 9 Bitcoin (BTC) ETF’s in Next Two Months”
