SEC Orders Proceedings to Rule on ETF, Seeks Further Feedback

The United States Securities and Exchange Commission (SEC) has published an “order instituting proceedings to determine whether to approve or disapprove” the proposed Vaneck Solidx bitcoin exchange-traded fund (ETF). The SEC is asking for further public feedback on issues pertaining to concerns regarding the bitcoin market’s perceived vulnerability to manipulation. Also Read: Turkey Finance Minister Embraces … Read more

SEC Postpones Decision on Vaneck Solidx Bitcoin ETF but Previous Concerns ‘Resolved’

The U.S. Securities and Exchange Commission (SEC) has extended the time period it needs to make a decision on the Vaneck Solidx bitcoin ETF based on the proposed rule change filed by Cboe BZX Exchange. Meanwhile, the ETF team has submitted to the SEC key changes addressing all concerns cited as reasons for rejecting Solidx … Read more

SEC Has No Jurisdiction to Look at Bitcoin for ETF Decision, Admits Commissioner

A commissioner of the U.S. Securities and Exchange Commission (SEC) has voiced her opinion that the agency overstepped its bounds to reject a bitcoin ETF recently based on the underlying asset, bitcoin. She believes that the role of the SEC is to consider the market for the ETF, not the underlying asset itself. Also read: Yahoo! … Read more

Bitcoin ETF Decision Gets an Overwhelming Amount of Public Opinion

A great deal of cryptocurrency proponents are hoping for a positive outcome when the US Securities Exchange Commission (SEC) decides on whether or not they will approve the latest bitcoin-based ETF application file by Cboe. The US regulator had asked for public opinion concerning the ETF again, and this time around the number of responses … Read more

Bitcoin Futures Volume Spike As Cboe Awaits ETF Decision

Everyone knows that bitcoin and cryptocurrency prices have been on a steady decline since the last month of 2017. While digital asset spot prices have been quite volatile, bitcoin futures products provided by two of the world’s largest derivatives exchanges, Cboe and CME Group, have seen a steady increase in trade volume and more liquidity … Read more

CBOE Files Application for Bitcoin-Based ETF with SEC

The Chicago Board Options Exchange (CBOE) has filed an application for a bitcoin-based exchange-traded fund (ETF) with the United States Securities and Exchange Commission (SEC). The SEC has requested public feedback regarding CBOE’s prospective ETF. Also Read: Youtube Dragged Into Bitconnect Class Action Lawsuit for Failure to Protect Victims CBOE Files for Bitcoin ETF With SEC … Read more

Options Giant Cboe Applies for Six Bitcoin-Based ETFs

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 … Read more

Michael Novogratz: “Bitcoin May Dip to $8K” — Puts Crypto-Hedge Fund on Hiatus

The financial mogul Michael Novogratz, a former Fortress Investment Group executive, stated back in September that he planned to start a cryptocurrency hedge fund. Now according to reports, the former macro trader is putting the hedge fund on hold as he’s not as confident as he once was, regarding bitcoin’s price. Novogratz believes the price of … Read more