alex kruger bitcoin etf Cryptocurrency News Grayscale Investments Opinion VanEck 

VanEck’s Quasi Bitcoin ETF Not a Game Changer: Economist – CCN Markets

VanEck plans to launch a bitcoin fund designed for institutional investors that The Wall Street Journal falsely describes as a “limited version of a crypto ETF.” | Source: Shutterstock The bitcoin bulls have wrestled back control of the BTC price, with the leading cryptocurrency barreling for $11,000 once again. While the positive momentum emerged over the weekend, the optimism is no doubt also being fueled by today’s VanEck development. The New York-based investment management firm plans to launch a bitcoin fund, which is designed for “qualified institutional buyers,” that The…

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Bitcoin Announcements bitcoin etf Bitcoin Regulation Crypto VanEck 

SEC Punts on Bitcoin ETF as Unfazed Crypto Bulls Dig in Their Heels

By CCN: The U.S. Securities and Exchange Commission has decided once again to kick the can on its decision about a bitcoin ETF. In a ruling published today, the securities watchdog revealed that an answer on the VanEck/SolidX Bitcoin ETF as proposed by the Cboe would be postponed for another 90 days, pushing the deadline back to August 19. The crypto community wasn’t shocked by the announcement, but the bitcoin price has retreated modestly from Sunday’s fresh 2019 highs. Despite the pullback in the bitcoin price, the cryptocurrency market has…

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bitcoin etf Bitcoin Trading Crypto Securities and Exchange Commission 

SEC Receives 84% Negative Feedback on Application

The SEC received just seven comment letters from the public in response to a solicitation for feedback it had requested in February 2019. Of those, six urged the agency to reject the application. (That’s around 84%.) The industry’s enthusiasm for a Bitcoin ETF (exchange-traded fund) appears to be waning — if you judge that by the dearth of new comment letters to the Securities and Exchange Commission in support of the investment vehicle. Commenter: Bitcoin ‘Is Volatile, Manipulated’ Dina Pinto wrote: “It is in my opinion that Bitcoin to date…

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