The Commission on August 22, 2018 disapproved a total of nine Bitcoin ETF proposals from three different entities - - ProShares, Direxion, and GraniteShares.
The U.S. SEC has rejected a total of nine applications to list and trade various Bitcoin (BTC) exchange-traded funds (ETFs) from three different entities - ProShares, Direxion, and GraniteShares.
"The SEC came out and postponed that decision. A little spoiler alert, on September 30, SEC will likely postpone in again, because the market is not ready for it and the SEC hasn’t had the answers to their questions yet.”
The Commission finds that it is appropriate to designate a longer period within which to take action on the proposed rule change so that it has sufficient time to consider the proposed rule change.
All in all, things are heating up for a Bitcoin ETF. You invest in an ETF and the ETF takes care of everything.
This time around, the SEC has highlighted issues with security, market manipulation, and investor protection issues.
The Chicago Board Options Exchange (CBOE) Global Markets, one of the world's largest exchange holding companies, has filed for Bitcoin ETF license with the U.S. Securities and Exchange Commission (SEC).
FTX, the leading decentralized exchange, and derivatives trading platform, has denied reports that it is looking to beef up its ties with Washington.
Switzerland's largest insurance services provider is now allowing its Swiss customers to pay their premiums using Bitcoin.
Elon Musk, the world’s richest person, has been endlessly shilling Dogecoin (DOGE) on his Twitter page over the past fortnight leading to a magnanimous spike in the crypto’s price.
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