Tag Archives: launch bitcoin

On February 20, the website of the US Federal Register was published VanEck and SolidX’s offer to launch a bitcoin ETF submitted to the Chicago exchange CBOE. After the official entry appears, the Securities and Exchange Commission is obliged to make a final decision on the application no later than 90 days later. Previously, CBOE withdrew proposal to launch a cryptocurrency exchange-traded fund due to the government crisis and the unstable operation of the SEC to avoid automatic rejection. VanEck representatives actively cooperate with the regulator and other market participants to comply with the established standards. At the moment, the American regulator is working on two applications for Bitcoin-ETF, since the official request from NYSE Arca began on February 15 with the proposal of a new instrument from Bitwise Asset Management. Matt Hougan, head of research at Bitwise, says the rapid development of the crypto industry may be welcome. According to him, a year…

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