Tag Archives: bitcoin etf

VanEck's recently launched BItcoin Trust is a total flop, based on initial investment interest. | Source: ShutterstockFollowing the divisive launch of a so-called “Limited ETF” from the fund manager VanEck, the crypto-focused offering has fallen short of impressive, citing just a single issuance of the instrument with a total of 4 BTC under management…Statistics from VanEck as of 09/09/19, on “ETF” i.e VanEck SolidX Bitcoin Trust 144A Shares. | Source: VanEckThe data was relayed via crypto...

The path towards a bitcoin exchange-traded fund (ETF) hasn’t always been a clear one, and while steps are being taken to ensure things go smoothly, Securities and Exchange Commission (SEC) chairman Jay Clayton says there is still “work left to be done.” Clayton Says the SEC Still Has ConcernsIn a recent interview, Clayton comments that “progress is being made” when it comes to pushing a bitcoin ETF forward, though the SEC’s worries haven’t dissipated completely. There are several companies...

Source: ShutterstockBitcoin developer Jimmy Song says the world does not need a bitcoin ETF. Moreover, the crypto entrepreneur says he doesn’t care about the mainstream media’s negative stereotypes of bitcoin, saying they’re irrelevant.Song made the remarks during a Sept. 10 interview with BlockTV. When asked about the recent media hype surrounding the SEC’s potential approval of a bitcoin ETF, Song says it really doesn’t matter.Song: Bitcoin ETF is not a gamer-changerWhile a bitcoin ETF...

VanEck plans to launch a bitcoin fund designed for institutional investors that The Wall Street Journal falsely describes as a "limited version of a crypto ETF." | Source: ShutterstockThe bitcoin bulls have wrestled back control of the BTC price, with the leading cryptocurrency barreling for $11,000 once again. While the positive momentum emerged over the weekend, the optimism is no doubt also being fueled by today's VanEck development. The New York-based investment management firm plans to...