The long-awaited launch of a Bitcoin exchange-traded fund could finally arrive on Monday.
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The long-awaited launch of a Bitcoin exchange-traded fund could finally arrive on Monday.
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Regulatory uncertainty could be the cause for yet more delays in the approval of long-awaited Bitcoin exchange-traded products.
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A Bitcoin ETF could be approved by U.S. regulators by October. according to Bloomberg Intelligence Commodity Strategist Mike McGlone.
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Fidelity argues that Bitcoin markets have already reached maturity under the SEC’s own standards.
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Deutsche Boerse-operated exchanges like Eurex and Xetra continue moving into the crypto derivatives market.
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There is no sign of an ETF launch approval in the U.S. as yet, with Europe soon to see a pioneering Bitcoin futures product.
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According to the ETC Group, the ETPs are “100% physically backed and central counterparty cleared.”
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