An ETF issuer at SIX since 2015, VanEck Investments Ltd., currently offers 20 ETFs for trading at SIX and ranks among the top 10 ETF issuers in relation to number of trades. The new listings bring the number of of ETP issuers at SIX to 10. The number of new ETP issuers for the current…
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SEC, in surprise move, rejects the Bitwise BTC ETF proposal before the mandated deadline. According to Cointelegraph and Coinbase, the SEC hurriedly put out a press release after hours on Wednesday to announce its negative decision. The regulator cited that the Bitwise proposal was not “designed to prevent fraudulent and manipulative acts and practices”. The…
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VanEck Securities surprised the crypto-verse two weeks back when it decided to focus its efforts only on institutional investors and to limit its Bitcoin Trust to accredited investors. At the time of that announcement, their management team assured everyone that they were still committed to a retail offering, but now the news is that they…
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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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Recovery, then steady as she goes, or so goes another average week of Bitcoin range bound trading. The good news is that BTC did rebound from a $9,300 dip that weighed heavy on Bitcoin enthusiasts, who had begun to give up hope of even the possibility of another major rally toward an All-Time-High (ATH). Such…
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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…
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The SEC has officially opened a new office to deal with fintech and cryptocurrencies. The interest for a Bitcoin ETF is rising, even though the SEC already rejected a few "offers" from investors such as VanEck. Now, the regulator has opened its doors for more discussion and proper understanding of digital coins. VanEck and 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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Just after CBOE, the Chicago-based exchange, launched Bitcoin futures, two firms have filed applications for bitcoin ETFs that trade in crypto derivatives. CryptoCoinsNews just reported that, according to the SEC public filing system, the commission has received new applications for both REX Bitcoin Strategy ETF and REX Short Bitcoin Strategy ETF, as well as VanEck…
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