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US Securities and Exchange Commission (SEC) officially rejected the second Bitcoin ETF proposal.
Could the current Bitcoin stability work for Bitcoin Exchange and Traded Funds (ETF) approval?
A new Bitcoin ETF provider has entered the competition alongside Winklevoss Bitcoin Trust and SolidX. Grayscale Investments, the child company of Barry Silbert’s Digital Currency Group, filed an S-1 registration statement with SEC to list its trust on NYSE.
In the latest episode of Epicenter Bitcoin, Brian Fabian Crain and Sebastien Couture were joined by Daniel Gallancy, CEO and Founder of SolidX Partners Inc. With his company that recently raised a US$3 million funding round from Liberty City Ventures and Wall Street investors, he aims to make Bitcoin accessible to financial investors that have so far been excluded from the Bitcoin market.
Recent Bitcoin price drops have been met with the usual mixture of pessimism and staunch defense, but the physical reality looks altogether rosier – and a look at the investment scene will no doubt buoy your mood.
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One fine body…