The VanEck Solid Bitcoin Trust decided to withdraw its Bitcoin ETF proposal filed earlier this year on January 30, 2019. The withdrawal comes just a month before SEC’s final deadline of the verdict.
Professional crypto trader and writer Bill Adams takes a look the biggest developments in the Bitcoin ETF saga, unveiling the chances for eventual ETFs approval in 2019.
The wealth managing firm believes that SEC will take all its time it can, instead of falling for the market euphoria, and extend the decision till March 2019.
Here is a look at the latest developments and expert opinions on Bitcoin, the cryptocurrency market regulations and the arrival of Bitcoin ETF.
The optimism surrounding the arrival of Bitcoin ETF continues to grow further as VanEck explains the merit of ETF product and how it can reduce market manipulation.