
US Spot Bitcoin ETFs See Slower Inflows of $12M Despite Positive Streak
Although the intakes are currently happening at a much slower rate than before, these ETFs have still impressed so far.
Although the intakes are currently happening at a much slower rate than before, these ETFs have still impressed so far.
Bitwise is one of many financial firms that the SEC continues to delay when it comes to considering their spot Bitcoin BTC ETF applications.
Speaking on this new delay, Blockchain Association official Jake Chervinsky said that the SEC has a new deadline on August 14.
The BNY Mellon has officially joined the Marco Polo trade finance consortium intending to onboard clients if the network’s capabilities fit the client’s interests to enhance its trade finance business.
The United States Securities and Exchange Commission (SEC), has published an official document describing its ruling on the application for a Bitcoin exchange-traded fund (ETF), filed by Bitwise Asset Management and NYSE Arca.
While SEC’s Clayton acknowledged that Bitcoin businesses are coming closer to satisfying his concerns, he stated that there is “work left to be done” on Bitcoin ETF.
While the SEC has postponed its decision on a Bitcoin ETF proposal by VanEck/SolidX, the Bitcoin community has given little attention to it as Bitcoin price largely remains stable.
The approval of a regulated crypto derivative this year is now looking less likely, as the SEC has once again delayed its decision on whether to approve the Bitcoin ETF proposed by asset manager Bitwise. However, Bitwise remains optimistic.
On April 5th, 2019, the SEC will have to announce their decision to either approve, deny or extend the decision-making period on Cboe/VanEck/Solid X’s Bitcoin ETF.
Crypto index fund provider Bitwise Asset Management applied to launch a new bitcoin-backed exchange-traded fund (ETF) with the Securities and Exchange Commission on Thursday.
An announcement from the U.S. Securities and Exchange Commission (SEC) said the decision concerning bitcoin ETFs of investment firm Direxion is postponed until September 21.