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Van Eck and Solid X have teamed, after both failed previously to gain formal regulatory approval for their respective bitcoin core (BTC) exchange traded fund (ETF) proposals, reapplying to the US Securities and Exchange Commission (SEC) today. They’re proposing a physically backed bitcoin ETF, the Van Eck Solid X Bitcoin Trust, and it just might […]
The post Bitcoin ETF: Firms Team, Reapply, $200,000 Price Targets Wall Street Institutions appeared first on Bitcoin News.
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The US Securities and Exchange Commission (SEC) has issued a letter to two Washington DC firms seeking guidance on bitcoin exchange-traded funds (ETF) applications, of which a dozen are pending. In it, the regulator openly worries about cryptocurrency volatility and whether future potential listings have done enough to protect investors. The letter is widely believed […]
The post Letter from SEC Reveals Outlook Not Good for US-based Bitcoin ETFs appeared first on Bitcoin News.
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