Tag Archives: bitcoin etf

The latest reports have revealed that the Bank of New York Mellon has officially joined the Marco Polo trade finance consortium. This consortium is known to run on R3’s Corda and BNY Mellon has become the 28th bank to join. The bank has been constantly investing in the blockchain space since 2015. As we highlighted previously, the investments have significantly increased in recent months.The $373-billion asset bank is reportedly evaluating Marco Polo’s technology intending to onboard clients...

Tom Lee has always been very adamant about bitcoin, but in a recent interview, he says that the space is way too small for a bitcoin-based exchange-traded fund (ETF) to work.Lee: Now Just Isn’t the TimeThere have been many attempts to get cryptocurrency ETFs approved over the past several years, but none have been successful. One of the ETF proposals that many believed would really pave the way for future bitcoin and blockchain-based products was the ETF application submitted by Van Eck Solid...

It looks like the love and hype surrounding a bitcoin exchange-traded fund (ETF) hasn’t dissipated completely. A gold fund company has gone crypto and is now developing a new bitcoin ETF that’s currency being reviewed by the Securities and Exchange Commission (SEC).Is Another Bitcoin ETF Heading Our Way?The company bringing the ETF proposal this time around is Kryptoin, a gold-based enterprise situated in Delaware. At the head of the operation is the Jason Toussaint, the former managing...

Fundstrat’s Tom Lee äußerte sich diese Woche zum Bitcoin-ETF. Seiner Meinung nach wird dieser erst zugelassen werden, wenn der BTC-Kurs mindestens 150.000 US-Dollar beträgt. Schauen wir auf den aktuellen BTC-Kurs könnte diese Marke noch Jahre entfernt sein.Bitcoin News: Bitcoin ETF erst ab 150.000 US-Dollar pro BTCDer Grund für Lee’s Meinung ist der große Unterschied zwischen der Marktkapitalisierung des BTC und der voraussichtlichen Marktnachfrage.Der BTC fluktuiert aktuell um eine...

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 –...