US Government Shutdown Derailed Bitcoin ETF Talks, Says VanEck CEO
The bitcoin ETF proposal was pulled due to the government shutdown, VanEck CEO Jan van Eck said Wednesday.
Bitwise is hoping to draw a retail market for its Bitwise 10 Index Fund, which it intends to list on a regulated alternative trading system later this year.
Bitwise's bitcoin ETF has been pulled, but the firm said it plans to refile at a later date.
WisdomTree is seeking to launch an exchange-traded fund that invests in part in the growing bitcoin futures market.
There is “work left to be done” to address the SEC's concerns about bitcoin ETFs, its chairman said weeks before the deadline to approve or reject two proposals.
A little-noticed regulatory filing sheds light on the bitcoin ETF proposed by Bitwise and NYSE Arca.