New SEC Solicitation Message Triggers The Bitcoin ETF Bulls Into Eyeing VanEck SolidX Approval

2019-2-6 18:58

Rumours About SEC Approving Bitcoin ETFs Sparks Up Again As The Watchdogs Issue Solicitation Notice

As soon as Cboe resubmitted its proposal in support of the Van Eck and Solid X Bitcoin exchange-traded fund (ETF), the US SEC urged businesses to offer data and information regarding the common blockchains to ensure that “there is no loss in data completeness and accuracy due to the data transformation tools and processes applied.”

SEC stated that likely businesses must:

“Provide blockchain data to support the SEC’s efforts to monitor risk, improve compliance, and inform Commission policy with respect to digital assets. The SEC is seeking information for potential sources to support the goal of acquiring data for the most widely used blockchain ledgers, including the universe of available information and transaction details.”

The notice comes right after the Office of Compliance Inspections and Examinations (OCIE) of SEC made cryptos a top agenda.

https://twitter.com/SEC_News/status/1092076541071249415

Bitcoin ETF’s were set for approval by the SEC, a move that did not through in 2018 as expected. However, the proposal is still on the table with the market looking forward to the SEC decision in Q1. Clearly, this issue played a big role in Institutional entrants into the crypto market as most preferred to hold on to their funds in other portfolios.

Other similar markets like Bakkt have announced physically settled BTC futures but their effect on digital asset prices remain statistical speculation. In summary, most market prices are easily manipulated and this might be the case with BTC ETF’s just as we have seen repackaging of financial products to boost market activity in the past.

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sec bitcoin solicitation etf fund businesses urged

Источник: bitcoinexchangeguide.com

sec bitcoin → Результатов: 126


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New SEC Chairman Unveils Policies for Cryptocurrencies, Calls Bitcoin ‘Scarce Store of Value’

The new chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has shared his view on how the SEC plans to regulate cryptocurrencies, particularly bitcoin. He calls bitcoin “a digital, scarce store of value” and stresses the need to put in place some investor protections for this asset class. New SEC Chairman Talks […]

2021-5-9 18:30


Фото:

Bitcoin ETF Is a Lost Cause Until Jay Clayton Heads SEC, Says US Counsel

Every single Bitcoin ETF proposal sent to the US Securities and Exchange Commission (SEC) to date has been cold-shouldered by the regulators. The reasons cited sometimes vary, but the underlying theme remains the same in nearly all rejections and it has a lot to do with the deep sense of mistrust the SEC harbors towards […] The post Bitcoin ETF Is a Lost Cause Until Jay Clayton Heads SEC, Says US Counsel appeared first on BeInCrypto.

2019-10-12 04:34


Why Is The SEC So Scared Of A Bitcoin ETF?

Manipulation is not unique to crypto. It’s alive and well in stock markets, not to mention the Forex market. So why is the SEC so afraid of approving a Bitcoin ETF? And why is “manipulation” the main reason for not approving one? While the SEC has not entirely ruled out cryptocurrencies, the virtual asset class […] The post Why Is The SEC So Scared Of A Bitcoin ETF? appeared first on Crypto Briefing.

2019-5-29 00:54


SEC Chases Billions out of US Economy by Dragging Feet on Bitcoin ETF

Many cryptocurrency investors and entrepreneurs have anxiously awaited a green light from the U. S. Securities and Exchange Commission for the first bitcoin exchange-traded fund (ETF). A bitcoin ETF would bring more products to Wall Street and give institutional investors more direct access to an asset class they are clearly very enthusiastic about in 2019.

2019-3-15 18:23


Bitcoin ETF: SEC’s CryptoMom Peirce Has More Good News For Crypto

US SEC Commissioner Hester Peirce’s latest speech shows she is still pushing hard with her colleagues on a bitcoin ETF approval and crypto-friendly token-sale regulation. Hot on the heels of Securities and Exchange Commission (SEC) Commissioner Robert J Jackson Jnr’s interview with US Capitol news outlet Roll Call, in which he shared his thoughts on […] The post Bitcoin ETF: SEC’s CryptoMom Peirce Has More Good News For Crypto appeared first on Ethereum World News.

2019-2-10 23:06


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