bitcoin ETF

Bitwise Withdraws Its Bitcoin ETF Proposal Pursuant To Regulations

It appears that the cryptocurrency community won’t be seeing an SEC Bitcoin ETF yet again, as Bitwise has withdrawn its application which was filed in January 2019. According to the official note, the move is largely due to the public interest and pursuant to existing regulations. Bitwise Withdraws Bitcoin ETF Application A lot of people...
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Bitwise Writes the SEC to Push its Bitcoin ETF Through

The concept of a Bitcoin ETF has been dead in the water for years. Despite another rejection looming on the horizon, Bitwise is not giving up on this idea just yet. It is not the first time that the company wants to explore a Bitcoin ETF. Bitwise Wants its Bitcoin ETF at all Costs So...
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SEC Postpones Making A Decision On BTC ETF By Wilshire Phoenix

The Christmas shopping season is officially open and there are many places which accept payments in cryptocurrency. As the latest Bitcoin and altcoin news and rumors show, online retail giants are turning to crypto and have made purchasing wonderfully simple for the average person.However, big players such as Amazon and eBay have yet to make...
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Millennials Trust Bitcoin-Based Equities Over Microsoft, Disney Stock

Bitcoin-based investment has made its way into the portfolios of the youngest investors, as millennials allocate a part of their retirement to Bitcoin-based stock. Millennials Allocate Funds to Different Asset Mix Analysis of self-directed brokerage accounts show a generational divide in selecting assets. Older GenX investors have no exposure to Bitcoin (BTC) through financial instruments,...
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There Remains a Case for a Bitcoin ETF, Says Industry CEO

For years now, cryptocurrency financial services firms across the U.S. have been trying their hand at issuing publicly-traded Bitcoin funds (ETFs). Though, as many readers likely well know, said firms haven’t been too successful in their ventures, with the U.S. Securities and Exchange Commission (SEC) citing concerns about the underlying validity and security of the...
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Bitcoin Permabull Comes Out Against ETF Hopefuls; Here’s Why

The launch of a U.S.-regulated Bitcoin exchange-traded fund (ETF) has long been the dream of cryptocurrency investors — they believe that such a vehicle would catalyze mass inflows, kicking off BTC’s largest bull run yet. Though, the past few years haven’t been too kind to cryptocurrency ETF hopefuls.Just last month, the U.S. Securities and Exchange...
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SEC isn’t ready for a physical Bitcoin ETF: VanEck’s Gabor Gurbacs

Bitcoin ETFs have grabbed a lot of headlines lately, with the SEC either delaying or denying applications about the same. Recently, VanEck/SolidX withdrew the applications they had submitted before the SEC, despite the agency having scheduled a date for a verdict on their application. The Director of Digital Assets Strategy at VanEck, Gabor Gurbacs, elaborated...
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SEC Chairman claims crypto-violations of securities law are on a decline

The SEC doesn’t think cryptocurrencies are ‘all bad.’ Let’s face it. Of all the financial regulators in the world, cryptocurrencies have the worst reputation with the U.S Securities and Exchange Commission [SEC]. From questions about the definition of a ‘security,’ to the ICO crackdown of 2017-2018, to the slew of Bitcoin ETF proposals, the SEC...
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Bitcoin needs to be valued at around $150,000 to handle Bitcoin ETF demands

The prospect of a Bitcoin ETF came crashing down a few weeks back when the United States’ Securities and Exchange Commission [SEC] rejected the last standing Bitcoin ETF application submitted by Bitwise Asset Management, on the grounds that a regulated ETF may lead to “manipulative acts and practices.” In what could be yet more bad...
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Bitcoin ETF Only Possible if Price Breaks $150K, Tom Lee Says

Bitcoin’s price has to be about $150,000 to be liquid enough for a related exchange-traded fund (ETF), Fundstrat’s Tom Lee said in an interview with BLOCKTV. Bitcoin ETF is Years Away A Bitcoin ETF is a few years away from now, according to Thomas Lee, co-founder of market research firm Fundstrat. Contrary to popular belief...
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SEC Wants Second Look at Bitwise Bitcoin ETF Proposal

The U.S. Securities and Exchange Commission (SEC) is reviewing its order issued last week pertaining to a rejected proposal for a bitcoin exchange-traded fund (ETF). The proposal was filed by NYSE Arca for the Bitwise Bitcoin ETF Trust. Meanwhile, the SEC is also evaluating a proposed rule change for a different type of bitcoin ETF....
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After disappointing Q3 for Bitcoin, Q4 trajectory seems undecided

Green or red? As the year comes to a close with the start of the final quarter, Bitcoin is still hinged at $8,000. Beginning the year at $3,300, the king coin took a while to get going, and once it did, it was a green parade. The second quarter of the year was inaugurated by...
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Brian Kelly Believes The Market “Needs A Bitcoin ETF” RIght Now

Over the past couple of days, the Bitcoin news updates have been showing signs of a slow and bearish market as well as a loss of momentum. While Bitcoin (BTC) has rallied more than $1,000 and went from $7,770 to $8,835, it did not manage to surge even further. As the current updates show, Bitcoin...
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Crypto Tidbits: Bitcoin ETF Denied, Libra Loses Visa & eBay, SEC Crackdown on Telegram’s Blockchain

Another week, another of Crypto Tidbits. This week, Bitcoin traded within a relatively wide range — $8,200 to $8,900 — but is closing at a very similar level to last week.  Analysts are currently divided over what this consolidation means for the cryptocurrency market’s short-term future.Price action (or lack thereof) aside, this week was hectic for...
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Bitwise Optimistic After Bitcoin ETF Denial, Will File Application When “Appropriate”

Earlier this week, everyone had their hopes up about Bitwise Asset Management’s Bitcoin exchange-traded fund (ETF) application. As reported by Blockonomi, Matt Hougan, managing director and global head of research at Bitwise, said that he believes that developments with cryptocurrency custody, industry insurance, and regulatory clarity have brought Bitcoin closer to an ETF than ever...
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SEC Rejects Bitwise’s Bitcoin ETF Proposal

Like many that came before it, Bitwise’s bitcoin exchange-traded fund (ETF) aspirations have fallen by the wayside. This comes just three days after Bitwise’s Head of Research told CNBC that “We’re closer than we’ve ever been before to getting a bitcoin ETF approved.” The asset management firm filed this bitcoin ETF proposal in January 2019...
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Bitwise Set to File Another Application for Bitcoin ETF Following SEC Rejection

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. In a not-too-surprising turn off events, the SEC has rejected the Bitcoin ETF application filed by Bitwise Asset Management and NYSE Arca...
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Bitwise’s Bitcoin ETF Disapproved by SEC

The US Securities and Exchange Commission (SEC) stated yesterday that it hadn’t approved the Bitcoin exchange-traded fund (ETF) proposed by Bitwise Asset Management. SEC’s Decision on Bitcoin ETF in Line with Expectations While the SEC rejected Bitwise’s BTC ETF, the regulator didn’t mind to release a super-detailed explanation that counts 112 pages. At the beginning...
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SEC Rejects Another High-Profile Bitcoin ETF Proposal

Another high-profile proposal for a bitcoin exchange-traded fund (ETF) has been denied by the U.S. Securities and Exchange Commission (SEC). The agency, however, emphasized that the disapproval was not based on whether bitcoin has utility or value as an innovation or an investment. Shares of the Bitwise Bitcoin ETF Trust were to be listed on...
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Bitwise Bitcoin ETF Proposal Gets Rejected By The SEC

After the news showing that Bitwise was rejected by the United States regulators for its Bitcoin exchange-traded fund (ETF), we can see that the company made a decision and that Bitwise will refile their application for an exchange-traded fund. A press release published on October 9 first hinted that while the company refused their ETF...
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SEC Rejects Bitcoin ETF Proposal by Bitwise

The proposal by Bitwise Asset Management and NYSE Arca regarding Bitcoin ETF has hit a deadlock after The United States Securities and Exchange Commission (SEC) rejected it. The decision by the SEC comes after a series of delays since January, when Bitwise filed the proposal for a rule change. In a detailed, 112-page document from...
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Bitwise hails SEC’s detailed analysis as regulator shoots down Bitcoin ETF

The Bitcoin ETF was a dream. Bitwise Asset Management’s application to list a Bitcoin Exchange Traded Fund [ETF] has been rejected by the United States Securities and Exchange Commission [SEC] on the grounds that such a fund would lead to “manipulative acts and practices.” According to the 112-page document published on 9 October, the apex...
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Bitcoin Exchange-Traded Funds Hope Returns After SEC Verdict Nears

This weekend was kind of optimistic for the Bitcoin news followers and altcoin analysts – mostly because BTC topped $8,200 briefly and initiated a small bullish run. However, the doom and gloom is now back and the bear market momentum shows that BTC is being dumped in the $7,000 region again – with many altcoins...
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We’re Close to Bitcoin ETF Approval, Says Optimistic Bitwise Executive

Ahead of the SEC’s Bitcoin ETF deadline, Bitwise’s director is optimistic for a positive ruling. According to him, the market has grown significantly, making it stable enough to allay the SEC’s fears. The United States Securities and Exchange Commission (SEC) has been in an unofficial fight with the cryptocurrency sector in general. The Commission is...
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Bitcoin ETF ensures secure access to BTC for regular investors: Bitwise Exec

The Bitcoin ETF proposal and the question of whether it will get the SEC’s approval has been one of the key talking points of 2019. Several Bitcoin ETF proposals have been submitted to the SEC by institutions such as VanECK Securities, SolidX Management and Bitwise, but none of them have received any positive response, as...
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Bitcoin ETF Hopeful Confident As SEC Verdict Deadline Nears

With the launch of Bakkt’s Bitcoin futures largely underwhelming cryptocurrency investors, focus has returned to Bitcoin exchange-traded funds (ETFs). This week, the U.S. Securities and Exchange Commission (SEC) is expected to issue a verdict for a Bitcoin ETF application cosigned by Bitwise Investments and NYSE Arca. Although there are skeptics, Bitwise is still confident that...
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Bitwise Head of Research is Optimistic of Bitcoin ETF Approval

The U.S. Securities and Exchange Commission (SEC) is supposed to give Bitwise Investments a decision on October 13, which could see it approving a Bitcoin exchange-traded fund (ETF). Bitwise Are Optimistic Speaking in an interview with CNBC’s “ETF Edge,” Matt Hougan, managing director and global head of research at Bitwise, said that the company was...
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Pseudo-Bitcoin ETF Now in SEC’s Sights After VanEck Pulls Application

While Bakkt’s Bitcoin futures contracts have been all the rage recently, much has taken place in the realm of Bitcoin exchange-traded funds (ETF) — investment products expected to have a similar long-term effect to Bakkt. The already-muddy Bitcoin ETF waters got even muddier on Tuesday after the U.S. Securities and Exchange Commission (SEC) announced in...
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SEC Delays Decision on Wilshire Phoenix Bitcoin ETF

The US Securities and Exchange Commission (SEC) has delayed its final verdict on the Bitcoin exchange-traded fund (ETF) that is backed by investment firm Wilshire Phoenix. The rule change proposal is currently being evaluated. The U.S. Securities and Exchange Commission (SEC) again delayed its decision about Bitcoin exchange-traded fund (ETF) proposed by New York-based investment-management...
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SEC Approval Until 2020 Is Unlikely: VanEck, SolidX Drop ETF Race

The race towards a Bitcoin exchange traded fund (ETF) seems to have stopped a bit, after the Chicago Board Options Exchange’s BZX Equity Exchange withdrew its VanEck/SolidX Bitcoin ETF proposal a month ahead of the review deadline. The SEC approval until 2020 is still uncertain – even though the regulator had until October 18 to...
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