Bitcoin Price Stability May Count for Winklevoss, SolidX, Barry Silbert ETF Approval
Could the current Bitcoin stability work for Bitcoin Exchange and Traded Funds (ETF) approval?
The Bitcoin market today is getting more stable than before. Could it help the three United States companies presently seeking to run Bitcoin Exchange and Traded Funds (ETF) get approved?
The Winklevoss Bitcoin ETF will see a final decision from the Securities and Exchange Commission by March 11 while SolidX expects its decision on March 17. A firm run by technology entrepreneur Barry Silbert recently filed with the Securities and Exchange Commission to list its Bitcoin Investment Trust on the New York Stock Exchange.
Though there has been a growing view that the listing of a Bitcoin ETF would have “a profoundly positive effect on Bitcoin pri