Bitcoin-ETF

The U.S. Securities and Exchange Commission (SEC) has postponed the final decision on the Bitcoin ETF from Wilshire Phoenix for another 35 days. SEC will evaluate the changes to the rules proposed by the NYSE Arca Exchange that will allow listing of shares of the Bitcoin and Treasury Investment Trust. Recall, Wilshire Phoenix and NYSE Arca in May filed an application to launch ETF […]

Bitwise Asset Management has attempted to convince the U.S. Securities and Exchange Commission (SEC) that the market is ready to launch Bitcoin-based exchange traded funds (ETFs). It is reported by Forbes. The company presented a SEC presentation, in which it identified three main reasons for the approval of the Bitcoin ETF. According to Bitwise, this is: the efficiency of the cryptocurrency spot market, […]