Tag Archives: bitcoin etf

The Bitwise proposal for a bitcoin exchange-traded fund (ETF) was recently knocked to the side by the Securities and Exchange Commission (SEC). This was bad news all by itself, but many analysts are seeing the rejection as a sign of how the industry will wind up.Bitwise Rejection Means a Lot to AnalystsSome view this not as just a simple rejection, but as a permanent barricade to blockchain and crypto-based products. They expect that a bitcoin ETF will have a very hard time getting approval...

It looks like we won’t be seeing a bitcoin exchange-traded fund (ETF) anytime soon. The latest (and allegedly final) attempt being made by Bitwise has outright been rejected by the Securities and Exchange Commission (SEC), which means there are no more proposals on the table waiting to get a “yes” or “no” vote.Bitwise Is Out of the LoopThe good news is that this hasn’t harmed bitcoin or Ethereum in the process, the two largest cryptocurrencies by market cap. While other smaller coins have...

In a not-too-surprising turn off events, the SEC has rejected the Bitcoin ETF application filed by Bitwise Asset Management and NYSE Arca and stated that there were still too many unresolved issues regarding improper activity such as market manipulation, that could easily take place in the sector.The SEC’s publication is a 112-page document, which goes into specific details of the ETF and why it had chosen not to approve at this time. According to the Commission, the Bitwise and NYSE Arca...

Bitwise: Bitcoin-ETF jetzt „näher als je zuvor“ Es ist wahrscheinlich schon eine Weile her, seitdem Sie etwas über Bitcoin-ETFs gehört haben. Im vergangenen Jahr verschob die amerikanische Börsenaufsichtsbehörde ihre Entscheidungen für Bitcoin-ETFs oder lehnte mehrere Anträge dafür ab. Nun könnte jedoch in den kommenden Tagen ein weiterer Bitcoin-ETF-Antrag angenommen...

The United States Securities and Exchange Commission (SEC) has been in an unofficial fight with the cryptocurrency sector in general. The Commission is generally regarded as unsupportive of the sector especially with its repeated disapproval and postponement of its decision to allow Bitcoin Exchange Traded Funds (Bitcoin ETF). However, an executive from Bitwise Asset Management seems to believe strongly that the upcoming SEC ruling will come in the company’s favor.Speaking to CNBC on its ETF...

The U.S. Securities and Exchange Commission (SEC) again delayed its decision about Bitcoin exchange-traded fund (ETF) proposed by New York-based investment-management firm Wilshire Phoenix.As per the public filing, SEC needs to assess the proposed rule change to allow NYSE Arca in order to deal with shares of Wilshire Phoenix’s Bitcoin and Treasury Investment Trust. Arca first started seeking regulatory approval from the SEC for a different type of stablecoin. Dubbed as the Arca UST Coins –...

Bitwise has produced a 31-page document that it has sent to the Securities and Exchange Commission (SEC). The purpose of the document is to suggest why the world is ready for a bitcoin exchange-traded fund (ETF). A Chance for Bitwise to Take Over?For the most part, this is nothing new. Van Eck Solid X ultimately forwarded a similar statement to the SEC earlier this year, only to withdraw its ETF proposal at the last minute. This withdrawal took place a few days ago when a final decision...

Generally, the fact that the United States Securities and Exchange Commission (SEC) is not very supportive of the cryptocurrency industry is no longer news. The SEC has many times before, spoken out against cryptocurrencies because of their volatility and unregulated nature.Even efforts to launch Bitcoin Exchange-Traded Funds (ETF), have been largely unsuccessful as a few days ago, the Chicago Board Options Exchange (CBOE) withdrew its application to float the VanEck/SolidX Bitcoin ETF, just...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 710. Heute geht’s um folgende Themen: Bitcoin Kurs auf 20.000 USD durch Leitzinssenkung der FED, VanEck-SolidX Bitcoin ETF-Antrag zurückgezogen & Nordkorea eigene Kryptowährung 1.) Bitcoin Kurs auf 20.000 USD durch Leitzinssenkung der FED? – CEO von Bitmex über Zentralbankenhttps://cryptomonday.de/bitcoin-kurs-auf-20-000-usd-durch-leitzinssenkung-der-fed-ceo-von-bitmex-ueber-zentralbanken/ 2.) VanEck-SolidX...

Well, here’s a real downer. If you had high hopes for the possibility of a bitcoin exchange-traded fund (ETF) finally getting approved this October, you can douse those hopes in gasoline and set them on fire. Why? Not because the Securities and Exchange Commission (SEC) has decided against it, not because of any delays, but because the instigators of the ETF proposal – CBOE, VanEck and Solid X – are withdrawing it on their own terms. VanEck Pulls Out, No Answer GivenWhat happened? Seriously,...