View full page at cryptocraft.com

 

SEC Chairman on BTC ETF: “Progress is being made” – issues “not trivial”

From leaprate.com

We are into the ninth month of the year, and we are still waiting patiently for the SEC to approve a Bitcoin Exchange-Traded Fund (ETF). Yes, the VanEck consortium decided to forego the retail market for now and launch a Bitcoin Trust for institutional investors only, but the SEC is still pondering what to do with three BTC ETF applications that presently await decisions. Chairman Jay Clayton appeared in an interview with Bob Pisani on CNBC and said that concerns are lingering, but “progress is being made”. By the end of 2018, Clayton and his staff at the SEC had managed to turn down a dozen requests for a Bitcoin ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis