
SEC Commissioner Downplays Bitcoin ETF Chances in 2019 Citing ‘Arcane’ SEC Rules
Crypto mom Hester Pierce says that she can speculate the timing of Bitcoin ETF arrival, but doesn’t expect it to happen anytime this year.
Crypto mom Hester Pierce says that she can speculate the timing of Bitcoin ETF arrival, but doesn’t expect it to happen anytime this year.
According to Ric Edelman, the founder of Edelman Financial Engines, ETFs will eventually meet the demands of the SEC and get the Commission’s approval.
SEC Commissioner Robert J. Jackson recently did an interview with Congressional Quarterly, a publishing company who report primarily on the United States Congress, where he expressed views that an SEC-approved Bitcoin ETF is inevitable.
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The re-filing of the VanEck/SolidX Bitcoin ETF will allow the CBOE BZX exchange to list shares of the ETF product provided the SEC approves it in the coming months.
NYSE Arca has completed the official documentation for the Bitwise Bitcoin ETF which is now pending the review of the SEC for further decision.
While crypto industry has dreamed of a Bitcoin ETF since at least 2013, and crypto companies were pushing it hard to get an approval, the SEC hasn’t given green light to any yet. What Bitwise explained is that the SEC are not against crypro ETFs at all.
Citing the U.S. government shutdown, the VanEck executives said that the decision to withdraw the Bitcoin ETF came as there was no one to talk around from the government.
American lawyer Jake Chervinsky explains that despite the U.S. shut down the SEC has provision to act on VanEck Bitcoin ETF. However, ETF executives remain confident.
Even though last week a lot of sources were reporting about Japan’s approving Bitcoin ETFs as an alternative to Bitcoin futures, it seems that this will not be the case after all.
Crypto index fund provider Bitwise Asset Management applied to launch a new bitcoin-backed exchange-traded fund (ETF) with the Securities and Exchange Commission on Thursday.
The Winklevoss brothers has expressed their optimistic attitude to Bitcoin and new ambitions of making Bitcoin ETFs a reality during the latest AMA session on Reddit.
After barring crypto derivatives, Japan is currently gauging industry interest in ETFs tracking digital currencies. The Liberal Democratic Party will reportedly submit draft legislation by March 2019.