Yet another unprecedented move from the U.S. central bank to shore up the fiat economy means that it is violating its own charter, critics warn.
An Exchange-Traded Fund or ETF is a fund that is traded on a stock market. They function as investment funds which allows everyone access to an index or commodity providing the same profit to investors as the major markets do. Thus, ETF stocks are one of the most popular among exchange users because of the easiness to invest in industries without being charged by the fund manager. Before buying an ETF, it is necessary to check what is included in the fund.
By 2018, it has been reported that The United States Securities and Exchange Commission (SEC) is considering the idea of creating a Bitcoin-ETF. A Bitcoin-ETF would be an investment tool using Bitcoin as the main asset. The main purpose of it would be to facilitate the investing process into cryptocurrency and make it more attractive for the community.
Innovations in blockchain technology are changing the paradigm and even the concept of possessing gold.15012
Investment firm executives battle it out over Bitcoin on CNBC, debating when the SEC might approve a Bitcoin ETF, stablecoins, and whether there is a need for Bitcoin at all.7086
With Hester Peirce’s term expiring in June, Commissioner takes a swipe at the SEC.3880
New York asset manager Wilshire Phoenix has issued a damning response to the SEC’s rejection of its proposed Bitcoin ETF.5633
Wilshire Phoenix’s Bitcoin ETF has been officially rejected by the SEC because the Bitcoin market is still too heavily manipulated.5623
After breaking above $1 billion for the third time ever, daily volume for CME Bitcoin futures has plummeted by roughly 50% for three consecutive days.5508
Several entities with pending crypto ETF proposals in the U.S. give their thoughts as to why no such crypto product has yet passed the test with the SEC.9403
Wallet providers and exchanges will be paying interest on consumer crypto holdings within two years, predicts Dan Schatt.5894
The reasons of failure of Bitcoin ETF applications and the new path that may give regulators the confidence needed to take an application forward.5690
WisdomTree developing a stablecoin may signal a nascent competition among leading U.S. asset managers for dominance in the crypto sector.5046
Bitwise Asset Management retracted its long-standing Bitcoin ETF proposal after an earlier rejection by the SEC was reevaluated, following similar actions by VanEck.3096
Blockchain startup Securrency receives over $17 million in funding as asset manager WisdomTree leads the charge to bring blockchain to ETFs.5329
An application for a blockchain-focused ETF has been filed with China’s securities regulator, according to a disclosure from the China Securities Regulatory Commission.3521
The U.S. SEC has earmarked a longer period for considering an updated Bitcoin and T-Bills exchange-traded fund proposal by Wilshire Phoenix Fund.3504