Cryptocurrency Analysis and News Portal
The U.S. Securities and Exchange Commission (SEC) is reviewing its order issued last week pertaining to a rejected proposal for a bitcoin exchange-traded fund (ETF). The proposal was filed by
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Investment management firm, Wilshire Phoenix, has refiled their Bitcoin ETF proposal with the SEC to include a few new clauses and arguments in favor of the product. The new filing completely supersedes the previous one, which could warrant the SEC delaying their decision to closely study the amendment, October 16,
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The United States Securities and Exchange Commission (SEC) has once again begun accepting public comments regarding the updated Bitcoin (BTC) exchange-traded fund (ETF) proposal by Wilshire Phoenix Fund.According to the official document published on Oct. 15, investment management firm Wilshire Phoenix and exchange NYSE Arca have filed an amendment
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Founder and CEO of crypto investment firm BKCM Brian Kelly has said that Bitcoin (BTC) exchange-traded funds (ETF) are hardly needed for the ecosystem’s development, given that the coin is already available on regulated platforms such as Fidelity and TD Ameritrade.Kelly made his remarks during an interview with CNBC
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Bitwise Asset Management, a key player in the global crypto space that is revered as the leading provider of beta funds and index for the crypto ecosystem, has been in the race for a Bitcoin ETF since January 2019.Like most top shots looking for own their Bitcoin ETF, the firm
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U.S. financial watchdog, the Securities and Exchange Commission (SEC) has rejected the Bitcoin Exchange Traded Fund (ETF) proposal of Bitwise, on the grounds that the filing does not meet the set standards regarding market manipulation and fraudulent activities, according to an October 9, 2019 announcement. No Bitcoin ETF for Now Yet again,
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The United States Securities and Exchange Commission (SEC), has published an official document describing its ruling on the application for a Bitcoin exchange-traded fund (ETF), filed by Bitwise Asset Management and NYSE Arca.In a not-too-surprising turn off events, the SEC has rejected the Bitcoin ETF application filed by Bitwise Asset
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Another high-profile proposal for a bitcoin exchange-traded fund (ETF) has been denied by the U.S. Securities and Exchange Commission (SEC). The agency, however, emphasized that the disapproval was not based
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The United States Securities and Exchange Commission (SEC) has rejected a proposal to list a Bitcoin (BTC) exchange-traded fund (ETF).In an announcement on Oct. 9, the Commission stated that the ETF filing from Bitwise Asset Management and NYSE Arca did not meet the necessary requirements. Specifically, regulators stated that the applicants did
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Few days before the United States Securities and Exchange Commission (SEC) decides to approve or deny Bitwise’s bitcoin exchange-traded fund (ETF) application, the Head of Research, Bitwise Investment, is optimistic that the company is closer to getting its Bitcoin ETF, according to a report by CNBC on October 7, 2019.
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