Bitwise withdraws SEC application for crypto ETF
Bitwise notified the securities regulator of its decision, coinciding with a move from NYSE Arca to withdraw its 19b-4 filing.
Bitwise notified the securities regulator of its decision, coinciding with a move from NYSE Arca to withdraw its 19b-4 filing.
Those hoping for a Bitcoin exchange traded fund (ETF) might have to wait a bit longer, following a large number of negative comments over proposals currently before regulators in the United States.
Invesco, an investment management company, launched the first blockchain ETF on the London Stock Exchange on Monday.
An ETF proposal from VanEck/SolidX, filed with Cboe BZX Exchange, was published in the Federal Register, marking the first time since August 2018 that more than one ETF proposal is under review.
Changpeng Zhao said that rather than ETFs, “for our industry to grow we need more entrepreneurs to build real projects.”
With the partial government shutdown declared over, the Cboe BZX Exchange is again applying for the listing of a cryptocurrency exchange-traded fund (ETF).
The U.S. SEC will give its final say on cryptocurrency-based exchange-traded funds (ETFs) by February 27, 2019.
The U.S. Securities and Exchange Commission (SEC) has said that it wants to see cryptocurrency markets, including exchanges, take steps to protect investors from manipulation if exchange-traded funds (ETF) are to be approved.
U.S. SEC Chairman Jay Clayton said he would like cryptocurrency markets to adopt traditional financial tools before approving crypto-based ETFs.
As expected, there was widespread panic in the markets after the U.S. Securities and Exchange Commission (SEC) decided to extend the time period for taking a decision on the Vaneck Solidx BTC ETF.
The U.S. Securities and Exchange Commission has no jurisdiction to look at the underlying asset—in this case, BTC—when considering whether to approve a rule change proposal for an ETF, according to Commissioner Hester Peirce.
The U.S. Securities and Exchange Commission has delayed its decision on whether to approve five BTC-related exchange traded funds (ETFs) until September.