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Topic: New Bitcoin ETF Proposal on SEC's Table (Read 156 times)

legendary
Activity: 2170
Merit: 1789
September 21, 2018, 11:29:18 PM
#2
I don't see any new Bitcoin ETF being proposed (at least on the link that you share). SolidX ETF is not new, or did I miss something here?

Btw, I still think SEC will delay their decision again, pushing the final decision on VanEck at February next year. It doesn't matter anyway, Bakkt is coming soon.
jr. member
Activity: 73
Merit: 1
September 21, 2018, 03:22:01 AM
#1
I did expect new bitcoin ETF to come soon. Right now, SEC reviews yet another application for the BTCs trade contracting that would allow businesses to enter the digital coin industry. We shall see how this one goes! However, I do not think that the market will feel the impact immediately. It all depends on how large the ETF adoption shall be. It will take time for clients to get into the ETF instrument, especially those that never worked with cryptocurrencies so far.
https://www.coindesk.com/sec-seeks-more-input-as-it-weighs-vaneck-solidx-bitcoin-etf/
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