JUST IN: GraniteShares Bitcoin ETF application denied. Yet another another blow for ETFs. Are ETFs ever going to see the light of day at this rate?
https://www.sec.gov/rules/sro/cboebzx/2018/34-84368.pdf
https://www.sec.gov/rules/sro/cboebzx/2018/34-84368.pdf
I guess this is to be expected. This is what like 9 or 10 times already that they denied ETF's so I don't think that we can see anything in the future. The only ETF's that is we all have been waiting is the Van Eck/Solid X ETF proposal, but it was postponed prior to the end of September. I don't consider this GraniteShares Bitcoin ETF application a blow though. We have reach a point wherein we already get tired of ETF news already.
