The Bitcoin (BTC) ETF saga at the SEC will go on for a while with another pair of ETF sponsored by two firms - ProShares in conjunction with NYSE Arca - due for a verdict on this Thursday, August 23rd. The two ETFs are the ProShares Bitcoin ETF and the ProShares Short Bitcoin ETF. 8/14/2017 · Before we look at the potential benefits and risks of a bitcoin ETF, let's back up a step and go over what a bitcoin ETF is. An ETF is an investment vehicle that tracks the performance of a particular asset or group of assets. ETFs allow investors to diversify their investments without actually owning the assets tracked by an ETF. The crypto community had held their breath yesterday, August 22nd, as the SEC was due to rule on two ProShares Bitcoin (BTC) ETFs. The crypto markets also showed the uneasiness amongst traders as Bitcoin (BTC) slowly slipped from levels of $6,800 seen earlier on in the day due to the BitMEX saga – during a scheduled […] 8/22/2018 · Not for the first time, bitcoin investors are holding their breath in the hope regulators will give the green light on a bitcoin-related exchange-traded fund. On August 23, the Securities and Exchange Commission is scheduled to deliver its decision on yet another much-talked-about proposed bitcoin-linked ETF. 8/22/2018 · Yet for the three companies named today, the proposals were unique in that they were tied to the market for bitcoin futures rather than a fund that holds bitcoin directly. Notably, the SEC cited a letter from one of the current markets for bitcoin futures in the U.S., CBOE. 8/23/2018 · Wednesday's bitcoin ETF rejections come two weeks after the SEC delayed a decision on the VanEck SolidX Bitcoin Trust ETF (XBTC). That fund, assuming it comes to market, would track an index of bitcoin trading desks and debut with a share price of $200,000. The SEC is expected to approve or disapprove that application on Sept. 30.
A few weeks after postponing Solidx/VanEck’s Bitcoin ETF decision, The US Securities Exchange Commission braces to make the final decision on another Bitcoin ETF decision. Decision makers at the major regulatory body prepare to come up with the long awaited decision on a pair of Bitcoin ETF’s proposed by Proshares Trust.
23 Aug 2018 Exchange Commission rejected another round of attempts to list exchange-traded funds backed by Bitcoin, blocking ETFs from ProShares, A comprehensive, sortable list of ProShares Exchange Traded Fund product offerings (ETFs). 16 Nov 2018 The deadline for public comment has passed on nine bitcoin ETF two from ProShares, in conjunction with the New York Stock Exchange Two ETF's filed by ProShares for tracking bitcoin futures were rejected yesterday, adding to further pessimism in an already highly bearish crypto market. 23 Sep 2018 There's at least one application for a bitcoin exchange-traded fund still. Direxion, ProShares and GraniteShares proposed ETFs that would 23 Ago 2018 Até o dia 22 de agosto, existiam vários pedidos de criação de ETFs de Bitcoin ProShares: outra oferta de ETF baseada em contratos futuros.
22 Aug 2018 The U.S. Securities and Exchange Commission (SEC) rejected Bitcoin ETF applications from ProShares, GraniteShares, and Direxion - nine
23 Aug 2018 The U.S. SEC's final deadline to approve or deny the two ProShares Bitcoin ETFs (proposal filed in December 2017) is on 23 August 2018. 23 Aug 2018 round of attempts to list exchange-traded funds backed by Bitcoin. by Bitcoin, blocking ETFs from ProShares, GraniteShares and Direxion 20 Aug 2018 Just the fact that companies are filing for Bitcoin ETF's is VERY bullish to me. It means that the MAJOR players, (IE; Proshares, an ETF manager 23 Aug 2018 On August 23, the US SEC rejected all of the pending derivative-backed Bitcoin exchange-traded funds (ETFs) filed by ProShares and Direxion
The SEC has rejected or delayed every bitcoin ETF proposal so far. Will it finally approve the ProShares bitcoin ETF?
While the Direxion and ProShares ETFs hold bitcoin futures contracts, the VanEck SolidX bitcoin ETF holds physical bitcoin. It functions like a normal ETF – not a futures-backed ETF. That could be an important difference. The SEC now has until September 30, 2018 to make a decision on the VanEck SolidX bitcoin ETF. The main difference between holding a Bitcoin ETF and just holding Bitcoin alone is that there is no need to worry about the security or storage of that Bitcoin — the ETF adds a layer of insulation and protection since the investor’s money is tied to the price and not to the digital asset itself. 8/23/2018 · Bitcoin ETFs: Not Dead Yet. Though this latest setback brings the number of bitcoin ETFs rejected by the SEC this year to 10, there are still at least two proposals before the commission to be decided. In July, Bitwise Asset Management filed an ETF that would track an index of the 10 largest cryptocurrencies. 7/26/2018 · But these aren’t the only Bitcoin ETF proposals in the pipeline. The ProShares ETF will come earlier, as it’s due for a final decision on August 23. However, unlike CBOE’s, the Direxion and ProShares ETFs are not commodity-backed. In other words, these funds won’t involve buying actual bitcoin. 9/29/2017 · ProShares, too, put into registration this week a pair of bitcoin ETFs based on bitcoin futures, one the long ProShares Bitcoin ETF and the inverse version, the ProShares Short Bitcoin ETF. Both Rex and ProShares will most likely follow VanEck’s lead and withdraw their filings, as they wait for the futures contracts to launch.
23 Aug 2018 The agency rejected all the nine Bitcoin ETF proposals filed by ProShares, Direxion and GraniteShares in three separate orders.
9 Jan 2019 The most recent ones include Proshares, which had two proposals for a bitcoin ETF, both based on bitcoin futures contracts. There was also the 23 Aug 2018 Futures-backed proposals from ProShares, Direxion and GraniteShares Commission officially rejected proposals for bitcoin ETFs from three 22 Aug 2018 The U.S. Securities and Exchange Commission (SEC) rejected Bitcoin ETF applications from ProShares, GraniteShares, and Direxion - nine 22 Aug 2018 US Securities and Exchange Commission Rejects ProShares Bitcoin ETFs Commission has rejected two ETF proposals filed by ProShares. 24 Aug 2018 NYSE Arca is seeking approval to list two funds proposed by ProShares including the ProShares Bitcoin ETF and the ProShares Short Bitcoin 23 Aug 2018 SEC is Days From Deadline: Regulatory Body Must Decide on ProShares Bitcoin ETF by Thursday It's been less than a month since the US'
25 Jun 2019 The two ETFs are Proshares Bitcoin ETFs and Proshares Short Bitcoin ETFs. Both proposed ETFs track bitcoin futures contracts on the Cboe 23 Aug 2018 The crypto community had held their breath yesterday, August 22nd, as the SEC was due to rule on two ProShares Bitcoin (BTC) ETFs. 22 Aug 2018 On August 23, the SEC will either approve or deny the ProShares Bitcoin ETF application. A second decision is on the cards for September 15 23 Aug 2018 The US Securities and Exhanges Commission rejected nine bitcoin ETF proposals late on Wednesday. The watchdog cited concerns about 14 Sep 2018 2018 has been a lousy year for cryptocurrencies, as bitcoin prices have The exchange, in conjunction with ETF provider ProShares, had filed 23 Ago 2018 A SEC divulgou agora há pouco em seu site oficial o resultado da avaliação para listagem da ETF da ProShares por motivos da ProShares