Bitcoin etf applications withdrawal
Despite what some would call a setback for mainstream adoption, cboes withdrawal of the etf application seems to have had minimal impact on the price of bitcoin. Several exchange-traded fund (etf) providers have withdrawn their bitcoin etf applications at the request of the us securities and exchange commission (sec).
Sec requests withdrawal of bitcoin futures etfs cleary.
The last year has been unkind to bitcoin, following the bull run that took it over towards the end of the year in 2017. Back rumored samsung galaxy.
Metals dealer begin accepting. Several different firms who were seeking to list exchange-traded funds (etfs) linked to bitcoin withdrew their filings after negative feedback from the securities and exchange commission (sec).
The vaneck solidx bitcoin etf application withdrawal can.
Why did vaneck and solidx withdraw their bitcoin etf launch applications. The bitcoin etf filing has been temporarily withdrawn, he wrote.
The sec informed the public in a filing, september 17, 2019, just a month before they were to come to a decision about the etf. We are actively working with regulators and major market participants to build appropriate market structure frameworks for a bitcoin etf and digital assets in general.
Cboe withdraws bitcoin etf application, cites government.
Following the news, bitcoin prices fell by less than 50 before beginning to regain lost ground. The bitcoin etf saga has taken another dramatic turn as the vaneck solidx etf proposal was withdrawn by cboe.
The sec move indicates that the it sec asks for two new bitcoin etf applications withdrawal. Although the sec has not elaborated on these concerns, one might imagine them having concerns regarding the high.
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