From businessinsider.com

Securities and Exchange Commission cryptocurrency commissioner Hester Pierce said the agency's refusal to approve a bitcoin exchange-traded fund is causing a bit of a challenge amid a boom in cryptocurrency. "We've dug ourselves into a little bit of a hole," Pierce said in an interview with Blockchain Policy Matters, an online show by the Blockchain Association, on Thursday. "A lot of people are looking for a way to access the asset class." The US thus far has not approved of any cryptocurrency ETF. Around 10 firms have attempted to file and have been rejected, including VanEck, and WisdomTree. Canada, meanwhile, ... (full story)