Photo: Bitwise / TwitterBitwise has tapped into the experience of the Bank of New York Mellon. It has appointed the BNY Mellon to serve as the administrator and transfer agent for its forthcoming Bitcoin exchange-traded fund (ETF). Bitwise filed an amendment to its Bitwise Bitcoin ETF S-1 form on September 11. It then submitted the amendment to the United States Securities and Exchange Commission (SEC) on the same day.The amendment lists Foreside Fund Services as the marketing agent, BNY...
Read More »Jay Clayton: Progress Is Being Made on a Bitcoin ETF
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...
Read More »SEC Warms to Bitcoin ETF Amid Price-Manipulation Fears
SEC Chairman Jay Clayton suggests that a bitcoin ETF may be approved once price-manipulation concerns are addressed. | Source: REUTERS / Brendan McDermidSEC Chairman Jay Clayton says the agency is inching closer to finally approving a bitcoin ETF. However, he warns that more work needs to be done to deter price manipulation and ensure a transparent market.Clayton made the assertions during a CNBC interview with Bob Pisani (video below). Pisani asked if we're any closer to seeing a bitcoin...
Read More »Are VanEck ‘ETF’ and Bakkt Catalysts to Take Bitcoin to 2019 High Again?
VanEck and SolidX are reportedly selling a “limited version” of a bitcoin ETF after every BTC ETF proposal has been rejected by the SEC. | Source: ShutterstockPrimarily targeting institutional investors, VanEck and SolidX are reportedly selling a “limited version” of a bitcoin exchange-traded fund (ETF) after every bitcoin ETF proposal has been rejected by the Securities and Exchange Commission (SEC) to date.According to the VanEck SolidX Bitcoin Trust 144A Shares proposal, qualified...
Read More »Andreessen Horowitz Tackles Washington’s Crypto Cops in Unusual Private Sitdown
VC firm Andreessen Horowitz Co-Founder Marc Andreessen reportedly delivered the opening remarks to a cadre of Washington regulators. | Source: REUTERS/Lucy NicholsonBy CCN Markets: Angel investment and venture capital firm, Andreessen Horowitz, has taken an "unusual" measure in the fight against Washington's clampdown on cryptocurrency. To secure its stake within the emerging crypto industry, the VC wined and dined officials from the Treasury Department and numerous regulatory...
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