the The Bitcoin ETF application is obviously still on the table. Sun VanEck has filed with the Securities and Exchange Commission re a request for a rule change. Such is necessary in order to get exchange-traded Fund for Bitcoin to be approved.
By Phillip Horch
At the 1. February 2019BTC$3.454,92 0.64%part Facebook Twitter LinkedIn xing mail
shut up, the … how vielte? Gabor Gurbacs, Digital Asset Strategist at VanECK, tried it again. How a Twitter Post, he filed through the Chicago options exchange CBOE the American stock exchange Supervisory authority, again a request for rule change:
The VanEck SolidX Bitcoin ETF proposed rule change has been submitted by CBOE. Hard work by all teams involved. Public document: https://t.co/X25lOPjiFS pic.twitter.com/C9FP4adDE8
— Gabor Gurbacs (@gaborgurbacs) January 31, 2019
The CBOE has a rule change for the VanEck SolidX Bitcoin ETF filed. The hard work of all of the Teams involved. […]
The request for a rule provides for amendment of the guidelines of the Securities and Exchange Commission. Such is necessary, an exchange-traded Fund for Bitcoin. The last request VanEck had contracted in the Wake of the shutdown of the U.S. government, short-hand and back again.
About Bitcoin ETF
From a theoretical admission of the ETF (Exchange Traded Funds) for Bitcoin investors hoping for a great signal. Approval, the hope is to attract mainly institutional investors. This, and the subsequent hope, to rinse the big capital into the Bitcoin Ecosystem.
Whether or not they will be approved in the near future, is currently still in the stars. There are some members from the Community not to believe in it. Twitter users fathead writes, for example:
approval likely wont happen for a long time, since they withdrew it and refiled it means the timeline for the SEC to be lazy and delay 50 times gets reset, maybe in 2050 we’ll get approval.
— fathead (@fathead___) January 31, 2019
admission will not take place for a long time, because they [VanEck] they had again withdrawn and re-filled. This means that the SEC […] lazy and [the request] is still 50 Times. Maybe we can get in the year 2050 authorisation.
That admission will take until 2050, we hope, of course. There are a lot of reasons for admission. Here we list you five of them.