Bitcoin's price has been recently going up to steady levels of around $8,500, and now the currency is again trading below $8,000. Many have speculated that the primary reason for the renewed interest in Bitcoin is the upcoming Bitcoin ETF. A Bitcoin ETF will mean a lot to the market, especially to hodlers. Unlike Bitcoin…
Read moreVanEck has announced that it will partner with SolidX to list a physically-backed bitcoin ETF that will be insured against loss or theft of bitcoin. SolidX will act as the sponsor of the ETF and VanEck will provide marketing services. The two firms will work jointly with regulators. VanEck was the first to file for…
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Bitcoin's popularity is surging up, especially now with the upcoming hard fork and the new price level it broke: $6,000. The next step for bitcoin seems logical - the launch of Bitcoin ETFs. However, the idea has been struggling and to this day, there is no approval for U.S. SEC on such a product to…
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Two new Bitcoin ETFs have been submitted for approval to SEC by Proshares Capital Management, according to the S-1 documents. The two new ETFs, ProShares Bitcoin ETF and ProShares Short Bitcoin ETF, will be involved in derivatives rather than actual bitcoin purchases. According to the documents submitted by the fund, the ETFs will be traded at…
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