The Bitcoin price hit record highs then plunged 35% upon SEC decision on Winklevoss Bitcoin ETF approval.It looks like the bitcoin community can still hope to see a Bitcoin ETF on a major exchange in the near future.
So, what are the good reasons why SEC would actually consider to approve such thing as a Bitcoin ETF.
What SECs Rejection of the Bitcoin ETF. are currently two other Bitcoin ETF approvals submitted to the SEC. will get approved.Another bitcoin ETF, proposed by SolidX Management, was also rejected in March.
CFTC and SEC Are At Odds Over Bitcoin’s FutureThe SEC will make a decision on a proposed bitcoin ETF by March 11.The Winklevoss Bitcoin Trust ETF (NASDAQ:COIN) is one of three bitcoin ETFs that regulators are currently considering for approval.
On the other hand, demand has been rising due to geopolitical uncertainty.Winklevoss Bitcoin Exchange-Traded Fund Closer to Approval, Uses Cold Storage.
From Zacks: There has been a lot of interest in bitcoin of late, mainly due to its astronomical rise.On March 10, 2017, the SEC released a long-awaited ruling on its first Bitcoin Exchange Traded Fund (ETF) proposal, electing to disapprove the proposal.The Securities and Exchange Commission on Tuesday approved a request to trade quadruple-leveraged exchange-traded funds, marking a first for the growing market for.
If The Bitcoin ETF Is Approved, Should You Buy It? - INOWinklevoss ETF was approved, the price of Bitcoin. an SEC ruling are also unlikely to win approval.
The SEC will make a big statement on bitcoin in the coming days.
Will the SEC Approve a Bitcoin ETF? | 247 BTC
Are Bitcoin Traders Planning for an ETF Approval? | Bits n
With Deadline Looming, Will The SEC Approve A Bitcoin ETF?We may not see a drop if the ETF is not approved,. 2017 sec and ETF not supported bitcoin,.Historical and current end-of-day data provided by SIX Financial Information.
Fund would be approved by default if the deadline passes with no official ruling.Bitcoin just might be forming a top when. your 68-year-old dad paints a picture of it.