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The Bitcoin Fund, managed by 3iq, has completed an initial public offering and has begun trading on the Toronto Stock Exchange (TSX). It has been a long road for 3iq and The Bitcoin Fund since their filing was first rejected. After a hearing, a commissioner with the Ontario Securities Commission ruled in their favor. Also […]
The post The Bitcoin Fund Completes IPO, Now Trading on Canada’s Leading Stock Exchange appeared first on Bitcoin News.
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Japan’s top financial regulator, the Financial Services Agency (FSA), has explained to news.Bitcoin.com its recently adopted rules regarding the creation and sale of cryptocurrency exchange-traded funds (ETFs). Meanwhile, Japan now has a crypto index, launched by major Japanese companies. Also read: US Government Auctioning off Bitcoins Worth $37 Million in 2 Weeks Crypto-Focused Funds With […]
The post Bitcoin ETFs in Japan: FSA Explains New Rules for Funds Investing in Cryptos appeared first on Bitcoin News.
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These days bitcoin and a variety of other digital assets are now being traded as funds and traditional equity holdings. The landscape of crypto investment vehicles has changed significantly as institutional and retail investors don’t need direct exposure to cryptocurrencies in order to invest in this technology. Also Read: Gocrypto SLP Token Starts Trading on […]
The post Mainstream Investment Vehicles Tied to Cryptocurrencies Grow Exponentially appeared first on Bitcoin News.
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The U.S. Securities and Exchange Commission (SEC) has approved an investment fund that will invest in bitcoin futures contracts. SEC Commissioner Hester Peirce calls this move “a bit of progress.” The SEC has also revealed why it decided to approve such a fund. Also read: Swiss Licensed Crypto Bank Expanding Into 9 Markets Bitcoin Futures […]
The post SEC Approves Bitcoin Futures Fund appeared first on Bitcoin News.
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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 NYSE Arca for the Bitwise Bitcoin ETF Trust. Meanwhile, the SEC is also evaluating a proposed rule change for a different type of bitcoin ETF. […]
The post SEC Wants Second Look at Bitwise Bitcoin ETF Proposal appeared first on Bitcoin News.
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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 on whether bitcoin has utility or value as an innovation or an investment. Shares of the Bitwise Bitcoin ETF Trust were to be listed on […]
The post SEC Rejects Another High-Profile Bitcoin ETF Proposal appeared first on Bitcoin News.
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Bitwise Asset Management is the latest American financial firm to seek regulatory permission for launching a bitcoin ETF. The company thinks it should succeed in getting the SEC’s approval, which all other applicants have failed to do so far, by utilizing a new model for the instrument. Also Read: UK Crypto Ventures Raised Over $255 […]
The post Bitwise Asset Management Files With SEC for New Bitcoin ETF appeared first on Bitcoin News.
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For years, bitcoin exchange traded funds (ETFs) have been struggling to get off the ground and receive approval from the U.S. Securities and Exchange Commission (SEC). Passive fund providers are now arguing there is sufficient market liquidity for a bitcoin ETF to be launched in 2019. Also read: SEC Wants Second Look at Nine Bitcoin ETFs […]
The post Fund Providers Insist There’s Enough Market Liquidity for a Bitcoin ETF appeared first on Bitcoin News.
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Thursday, July 26 might go down as a severe setback for the prospect of bitcoin exchange-traded funds (ETFs). For the second time, the same major trust applying for bitcoin ETF approval was rejected by the United States Securities and Exchange Commission (SEC). SEC Release No. 34-83723, File No. SR-BatsBZX-2016-30 formally denied the Winklevoss Bitcoin Trust […]
The post Major Bitcoin ETF Rejected by SEC: One Commissioner Disagrees Publicly appeared first on Bitcoin News.
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Bitwise Asset Management has announced its plan to launch “the first publicly-offered cryptocurrency index exchange-traded fund (ETF).” A registration statement has been filed with the U.S. Securities and Exchange Commission. The fund will track the returns of the company’s Hold 10 Index which aims to capture 80% of the total market capitalization of the cryptocurrency […]
The post Index ETF Tracking 10 Cryptocurrencies Filed With SEC appeared first on Bitcoin News.
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