The SEC Is Weighing a Bitcoin Futures ETF – Here’s What That Means
The distinction between a physical and futures-backed ETF is worth unpacking given that one may or may not have a better shot at SEC approval.
The SEC will approve or reject Wilshire Phoenix's bitcoin and U.S. Treasury ETF proposal next year.
The bitcoin market isn't mature enough to support an ETF, said the SEC in its latest rejection of the concept. So what now?
WisdomTree, an asset manager specializing in exchange-traded funds, is vying to become one of the first established U.S. financial firms to offer clients digital assets, including a so-called stablecoin whose value is closely linked to the U.S. dollar.
The cryptocurrency markets are so far stable after Cbeo withdrew its ETF proposal with the SEC on Wednesday.
The SEC has issued rejections to bitcoin exchange-traded fund (ETFs) proposals from ProShares, GraniteShares and Direxion.