Anonymous Sources Suggest Bitcoin ETF Approval Is Imminent
Representatives of the investment management firm VanEck, blockchain company SolidX and CBOE have met with officials of the Securities and Exchange Commission (SEC) to inform them that the organization's previous concerns regarding their Bitcoin exchange-traded fund (ETF) applications have been addressed. The application for the VanEck SolidX ETF was initially rejected in early August, and both companies are looking to garner the approval they need. In addition, VanEck has also produced a supporting document highlighting why their ETF should receive a green light. Both VanEck and SolidX have been working hard towards a Bitcoin-based ETF since March 2017, but the journey has been marred with rejections until now. This publication was first found by us on October 24, 2018 5:00 AM. Share this content on social media: You may want to visit www.investinblockchain.com for more from this source. Leave a Comment
Aggregated news and features about etf approval Titles, images and descriptions not entered by Crypto.BI are Copyright(C) their original authors, all rights reserved.
Work & Learn