VanEck SolidX

Bitcoin ETF Approval: It May be Closer than We Think

Author Ian CooperPosted on Categories Bitcoin, Blockchain, Business, Cryptocurrency, ETFTags , , , , , Leave a comment on Bitcoin ETF Approval: It May be Closer than We Think

All things considered, we believe an ETF is nearing, which could fuel quite a rally in the space. According to recent reports, VanEck SolidX group has spoken to the US SEC, highlighting five reasons for approval.    For one, “There now exists a substantial regulated derivatives market for Bitcoin.”  Two, “Worries concerning price manipulation have … Continue reading “Bitcoin ETF Approval: It May be Closer than We Think”

US SEC Sets New Deadline for Bitcoin ETFs

Author Ian CooperPosted on Categories Bitcoin, Business, Cryptocurrency, ETFTags , , , , , , , , , Leave a comment on 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”