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”
GraniteShares
US SEC Sets New Deadline for Bitcoin ETFs
In 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
Summer 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
All 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 the US SEC Predictably Denied 9 Bitcoin ETFs
Cryptocurrencies 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
The 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”