Sentences with phrase «other bitcoin etf»

Earlier this month, the SEC sought the withdrawal of two other bitcoin ETF proposals, citing similar concerns.

ETHNews will also be following the results of the SEC's decision as to the other bitcoin ETF proposals from SolidX and Grayscale.

Since the SEC rejected the application for a Bitcoin ETF a year ago, similar products have struggled to get off the ground, with two other Bitcoin ETF sponsors withdrawing their proposals last fall.

If the Winklevoss ETF receives approval then it is likely that other bitcoin ETFs, such as the Bitcoin Investment Trust and SolidX, will also be approved.

Besides COIN, two other bitcoin ETFs are still in the running: SolidX Bitcoin Trust and the Bitcoin Investment Trust (BIT), sponsored by Barry Silbert's Grayscale Investments.

Not exact matches

Cboe has been a notable crypto advocate on Wall Street, teasing additional futures markets for other cryptocurrencies and calling on the Securities and Exchange Commission to approve bitcoin - linked ETFs, as Business Insider first reported.

Even bitcoin booster and investor Barry Silbert has argued that the next stages of bitcoin's development will involve big Wall Street banks getting in on the action by, for instance, setting up ETFs and other products that will facilitate the currency's rise.

One attempt to launch a Bitcoin ETF was rejected by the U.S. Securities and Exchange Commission earlier this year, but plans for others are in the works.

One of the ETF companies that filed for a bitcoin ETF has looked at the ETN route and says others have been talking about it as well.

«The rapid appreciation of Bitcoin and others is somewhat surprising in light of some developments that seemingly would have put downward pressure on the currency,» another group of Morgan Stanley analysts wrote, citing the SEC's rejection of a Bitcoin ETF, among other factors.

As I mentioned the other day, the new regulator in charge of speeding up the ETF approval process was formerly the lawyer for the Winkelvii twins, whose failed bid to launch a Bitcoin ETF has become a watershed non-moment for the faithful.

Two ARK funds have stood out for offering what no other ETF has: access to bitcoin.

The US Securities and Exchange Commission (SEC) has blocked the way to approving several exchange traded funds (ETFs) whose assets include bitcoin and other cryptocurrencies.

«I think it is going to enable finally the approval of Bitcoin ETFs, and other digital currency ETFs, which is game - changing,» he added.

Several others are chomping at the bit to launch the first bitcoin exchange - traded fund (ETF).

The concept behind the Winklevoss ETF and others like it is to create a stock fund tied to the price of Bitcoin (or another cryptocurrency), which would allow investors to purchase the currency without holding it directly.

The exchange operator CBOE (Chicago Board Options Exchange) Global Markets made a statement that the U.S. securities regulators should not pose an as obstacle in the way of exchange - traded funds that hold cryptocurrencies like bitcoin from coming to the market as they are essentially the same as other ETFs that hold commodities.

Furthermore, the current lack of regulation is a major roadblock standing in the way of investment options like bitcoin (BTC - USD) and other cryptocurrency ETFs listing on major exchanges.

There have been a number of efforts to get a Bitcoin ETF off the ground, along with gain similar acceptance for other cryptocurrencies but none of the attempts have proven successful thus far, falling short of gaining approval from the United States Securities and Exchange Commission.

Meanwhile, taking interest in the surging popularity of Bitcoin and other cryptocurrencies was Weiss Ratings, which has provided independent ratings since 1971, covering stocks, ETFs, mutual funds, insurance companies, banks, and credit unions.

One attempt to launch a Bitcoin ETF was rejected by the U.S. Securities and Exchange Commission earlier this year, but plans for others are in the works.

An ETF firm based in Connecticut is launching a new fund that will invest in bitcoin - based derivatives and other exchange products, public records reveal.

Bitwise Asset Management Vice President of Research and Development Matt Hougan recently appeared on Bloomberg Markets to discuss leaving the ETF industry in favor of «going all in on crypto» — where he made some seriously bullish statements on Bitcoin's and other cryptocurrencies» long - term potential.

«I think it is going to enable finally the approval of Bitcoin ETFs, and other digital currency ETFs, which is game changing,»

Not just Bitcoin, but other cryptocurrencies could «do better» in terms of price growth from the same phenomenon, the analyst continued, highlighting Ethereum as a possible next contender specifically for ETFs.

As well as... Investor adoption such as the ETF's (Bitcoin Exchange Traded Funds — SEC decision to approve listing on stock exchanges and Other cryptocurrencies rising in value

Since then they have tried to pass a Bitcoin ETF, which has so far met with resistance as a number of other such ETF applications having also been rejected in the US.

Then, like many other things in the bitcoin space, the collapse of Japan - based bitcoin exchange Mt Gox triggered a small but meaningful change in how the ETF would be constructed.

The Proshares ETF filing follows other companies trying to create these bitcoin - based mainstream investment vehicles.

It may also invest in other listed Bitcoin derivatives, OTC Bitcoin derivatives, US Exchange - Listed ETFs and non-US component stocks (collectively Bitcoin instruments)».

Bitcoin price performance will undoubtedly increase the snowball effect for ETFs and other Bitcoin - related vehicles.

The timing of these withdrawals is notable, given that the SEC just released two other rule change proposals which could allow for a bitcoin ETF last week.

Factoring in how contracts are cash - settled atop bitcoin, and soon ETFs could be settled atop futures contracts, not to mention whatever other creative financial innovations are to come, and the makings of an exciting domino effect are being potentially erected.

Bitcoin futures represent an early case - study that if successful, may help to pave the way for approval of ETFs and other investment vehicles, further growing the ecosystem.

Notably, this uncertainty appears to have dwarfed other bullish announcements, the most significant of which is that the New York Stock Exchange (NYSE) has filed to list leveraged Bitcoin ETFs on its Arca trading platform, an event that would further cement cryptocurrency as a mainstream asset class.

The fresh optimism in the market after chairperson of Commodity Futures Trading Commission (CFTC), Christopher Giancarlo, and the chairman of the Securities and Exchange Commission (SEC), Jay Clayton, addressed the Senate Banking committee while discussing cryptocurrencies, the need for its regulatory measures, ICOs, and other Bitcoin investment products like derivatives and exchange - traded funds (ETFs).