ETF

Despite the fact that after a sharp rise, the price of Bitcoin faced an inevitable correction, having lost almost 17% in recent days, investment funds show very good dynamics. A striking example of the growth of institutional interest in cryptocurrency is the Grayscale Bitcoin Trust (GBTC), whose shares have increased by more than 300% since February. According to the Forbes report, at the moment GBTC shares […]

The US Securities and Exchange Commission (SEC) has begun collecting public comments on the Exchange-traded Fund (ETF) from Wilshire Phoenix Funds. It is reported by CoinDesk. A feature of the proposed fund is that, in addition to Bitcoin, it will also be provided with treasury securities. A proposal to change the rules, allowing Wilshire Phoenix Funds to list its ETF on the stock […]

Commissioner for the Securities and Exchange Commission of the United States (SEC) Hester Pierce said that her office was too cautious about the approval of exchange-traded funds (ETF) based on cryptocurrency, and called for speeding up the process. Reports about it Financial Times. Last month, Pierce has already said that the SEC “stifles the ETF with its personal attention, as if it were about […]

The US Exchange and Securities Commission (SEC), as some experts had suggested, once again postponed the decision on the bitcoin fund traded on the Bitcoin Fund (ETF) from VanEck and SolidX to a later date. In a document published on Monday, May 20, the Commission also appealed to the public to leave comments on the application for the launch of the foundation […]

Jake Cervinski, a well-known lawyer in the field of cryptocurrency, considers it highly unlikely that the US Securities and Exchange Commission (SEC) will approve the launch of a stock exchange traded on Bitcoin ETF from VanEck and SolidX this week. In a series of tweets, Chervinsky reminds that last week the SEC once again postponed the decision making process for Bitcoin- […]