The U.S. securities regulator continues to remain firm on its decision of not approving the Bitcoin ETF anytime soon. Next window for ETF decision now in May 2019.
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.
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.
According to Ric Edelman, the founder of Edelman Financial Engines, ETFs will eventually meet the demands of the SEC and get the Commission’s approval.
SEC Commissioner Robert J. Jackson recently did an interview with Congressional Quarterly, a publishing company who report primarily on the United States Congress, where he expressed views that an SEC-approved Bitcoin ETF is inevitable.
In this guest post, Max Hasselhoff, integration engineer from Bytecoin and long-standing crypto enthusiast, takes a look at some of the biggest stories happening in the sphere of crypto technology integration.
Analysts predict that amidst the long pending work, regulatory agencies won’t give any attention to crypto investment products in the near time.
The re-filing of the VanEck/SolidX Bitcoin ETF will allow the CBOE BZX exchange to list shares of the ETF product provided the SEC approves it in the coming months.
While crypto industry has dreamed of a Bitcoin ETF since at least 2013, and crypto companies were pushing it hard to get an approval, the SEC hasn’t given green light to any yet. What Bitwise explained is that the SEC are not against crypro ETFs at all.
Citing the U.S. government shutdown, the VanEck executives said that the decision to withdraw the Bitcoin ETF came as there was no one to talk around from the government.