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 […]
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Brazil’s Securities and Exchange Commission announced on Friday that local investment funds are prohibited from investing in cryptocurrencies. The country’s regulators are currently working on crypto regulation; seven public hearings have already been held to discuss this subject. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading No Crypto […]
The US Securities and Exchange Commission (SEC) received yet another request to approve Wall Street bitcoin exchange-traded funds (ETFs). This time, the New York Stock Exchange (NYSE) wishes to list five new ETFs, so-called leveraged and inverse funds which increase risk and reward. Also read: African Central Banks Urged to Ditch Dollar and Buy Bitcoin […]
It’s been over two weeks since the largest U.S. options platform, the Chicago Board of Trade (Cboe), launched its bitcoin-based futures products. Now over the past week, the firm has applied for six individual exchange-traded funds (ETF) and is waiting for the U.S. Securities and Exchange Commission’s (SEC) approval. Also Read: Popular Chat App Kakao’s Exchange […]
A potentially giant step toward approval for listing bitcoin futures as exchange traded funds (ETFs) was taken this week when the New York Stock Exchange (NYSE) Arca, owned by Intercontinental Exchange (ICE), filed a petition for a rule change regarding two potential ETFs. The document presumes much of the groundwork to be already completed, and […]