We are into the ninth month of the year, and we are still waiting patiently for the SEC to approve a Bitcoin Exchange-Traded Fund (ETF). Yes, the VanEck consortium decided to forego the retail market for now and launch a Bitcoin Trust for institutional investors only, but the SEC is still pondering what to do…
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VanEck and SolidX were probably the most determined players to get a Bitcoin ETF out there. However, as the SEC took so much time to reject and even understand the cryptocurrency/blockchain space, the two companies are on track to launch another much awaited bitcoin product - an institutional one, but this time - with the…
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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