Close Menu
    X (Twitter)
    Blockchain Journal
    • News
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • NFT
      • DeFi News
      • Polkadot News
      • Chainlink News
      • Ripple News
      • Cardano News
      • EOS News
      • Litecoin News
      • Monero News
      • Stellar News
      • Tron News
      • Press Releases
      • Opinion
      • Sponsored
    • Price Analisys
    • Learn Crypto
    • Contact
    • bandera
    Facebook X (Twitter) Instagram
    Blockchain Journal
    Home ยป SEC received a new application for a crypto ETF, the applicant – Crescent Crypto Index Services

    SEC received a new application for a crypto ETF, the applicant – Crescent Crypto Index Services

    0
    By BlockchainJournal on May 10, 2019 News
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The American regulator, the Securities and Exchange Commission (SEC), will have to consider another proposal to launch a crypto ETF, this time the applicant is Crescent Crypto Index Services.

    Crescent Crypto Index Services, a subsidiary of the investment institution Crescent Crypto Asset Management, sent a proposal to the SEC to create a crypto ETF on the New York Stock Exchange on Wall Street (NYSE). It is assumed that the new tool that received the XBET ticker will track the change in the rate of the two most popular cryptocurrencies – Bitcoin and Ethereum.

    Representatives of Crescent Crypto Index Services explain that XBET is a fund traded on the stock exchange, so investors who decide to buy or sell XBET shares will place their orders using the services of brokers. Thus, they may incur costs associated with standard broker costs. In the event that the commission approves the offer, XBET shares will be traded on the NYSE Arca platform, buying and selling will be carried out during the working hours of the exchange at prices of buyers and sellers as well as other securities presented in the public market.

    Recall that in late March, the US regulator has once again postponed the date of the adoption of a decision to create Bitcoin-ETF. SEC received one offer from VanEck and SolidX, another from Bitwise Asset Management. The regulator should decide on the decision on the first application until May 21, on the second – until May 16.

    Bitcoin Crescent Crypto Index Services ethereum Featured Investment New York Offer SEC XBET
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    BlockchainJournal

    Related Posts

    Gold token market soars to $3.9 billion as Changpeng Zhao questions its backing

    October 23, 20252 Mins Read

    Ledger unveils the new $179 Nano Gen5 wallet designed for digital identity and AI

    October 23, 20252 Mins Read

    Turkey’s Crypto Market Moves $200B, but Chainalysis Warns It Is Speculation

    October 23, 20252 Mins Read

    WazirX Resumes Operations and Withdrawals Today After the Massive $234 Million Hack

    October 23, 20252 Mins Read

    KuCoin Launches New KuPool Mining Pool for Dogecoin and Litecoin

    October 23, 20252 Mins Read

    Real estate tokenization in the U.S. advances: Propy invests $100M to modernize titles

    October 22, 20252 Mins Read

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 Blockchain Journal

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.