SEC Rejects Another High-Profile Bitcoin ETF Proposal

SEC Rejects Another High-Profile Bitcoin ETF ProposalAnother 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 […]

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VanEck-SolidX Cans its Bitcoin ETF Before the SEC Response Deadline

TheMerkle NYSE SEC Bitcoin ETFsBitcoin enthusiasts who had high hopes for the VanEck – SolidX ETF will be sorely disappointed. After careful review -and probably knowing all too well there would be no approval – the team has decided to withdraw its proposal altogether. This is the second Bitcoin ETF to be withdrawn this month. About a week ago, CBOE took a similar course of action.  VanEck – SolidX Withdraws It was a matter of time until the VanEck – SolidX Bitcoin ETF application was either rejected or withdrawn. Over the past few years, there has been no indication the SEC has any plans

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Bitcoin ETF: How SEC Exemptions Help Firms Offer Interim Products

Bitcoin ETF: How SEC Exemptions Help Firms Offer Interim ProductsThere are several exemptions the U.S. Securities and Exchange Commission (SEC) offers that allow companies to launch their bitcoin investment products without registration. While waiting for the SEC to approve their bitcoin ETF, some firms have taken advantage of these exemptions to offer an interim product. Also read: Indian Government’s New Report Views Crypto Positively […]

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SEC Filing for Vaneck Solidx Bitcoin ETF Withdrawn

SEC Filing for Vaneck Solidx Bitcoin ETF WithdrawnCboe BZX Exchange has withdrawn its filing with the U.S. Securities and Exchange Commission (SEC) for Vaneck Solidx bitcoin ETF. The U.S. government is currently shut down and the ETF could have been automatically approved had it not been withdrawn. Vaneck says that the withdrawal is temporary as it is actively working to “build appropriate […]

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How US Government Shutdown Affects Bitcoin ETF Approval

Lawyer Explains How US Government Shutdown Affects Bitcoin ETF ApprovalThe U.S. Securities and Exchange Commission (SEC) is due to make a decision on the Vaneck Solidx bitcoin ETF next month, and the deadline cannot be extended further. However, since the U.S. government is currently shut down, a securities lawyer explains what is likely to happen to the ETF, including the likelihood of an automatic […]

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