Wall Street Steps Up Crypto ETF Push With SEC Verdict Unknowable At least four firms now have live applications for an exchange-traded fund tracking Bitcoin, with WisdomTree Investments joining their ranks late last week.
Claire Ballentine and Olivia Raimonde | Mar 16, 2021
(Bloomberg) Issuers across the $5.9 trillion U.S. ETF industry are racing to win approval for the first Bitcoin fund, with one big hurdle standing before them: A regulator whose position right now is anyone’s guess.
At least four firms now have live applications for an exchange-traded fund tracking the largest cryptocurrency, with WisdomTree Investments joining their ranks late last week. VanEck Associates Corp., NYDIG Asset Management and Valkyrie Digital Assets were the names already in the running.
Grayscale Investments has posted at least nine ETF-related positions to LinkedIn, signaling it is anticipating a green light from the SEC for a crypto ETF.
Firm behind biggest bitcoin trust is hiring entire ETF team - Article bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
ETF Issuers Find Creative Workarounds to SEC’s Crypto Stance The Simplify U.S. Equity PLUS Bitcoin ETF (SPBC) will invest up to 15% of its assets in cryptocurrencies, either “indirectly and solely” through the $34 billion Grayscale Bitcoin Trust (GBTC).
Katie Greifeld | Mar 11, 2021
(Bloomberg) U.S. exchange-traded fund issuers are getting increasingly creative as the Securities and Exchange Commission continues to demur on approving a pure cryptocurrency fund.
While the bulk of its holding will be in U.S. stocks, the
Simplify U.S. Equity PLUS Bitcoin ETF (SPBC) will invest up to 15% of its assets in cryptocurrencies, either “indirectly and solely” through the $34 billion
Is The First US Bitcoin ETF Imminent? zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.