The SEC has extended its review period of the Bitwise bitcoin ETF proposal, filed in conjunction with NYSE Arca.
There are two bitcoin ETFs under review by the SEC, after the VanEck/SolidX proposal was published in the Federal Register Wednesday.
The clock just started on the latest effort to launch a bitcoin ETF from NYSE Arca and Bitwise Asset Management.
An ETF proposal filed Monday would invest in bitcoin futures and the sovereign debt of several developed countries.
There are no bitcoin ETF proposals currently sitting before the SEC, but one may still be approved before 2020.
Bitwise Asset Management is planning a new effort at launching a bitcoin exchange-traded fund with NYSE Arca.
The SEC will approve or disapprove a rule change proposal to list the ProShares Bitcoin ETFs sometime this week.
NYSE Arca has filed with the SEC for a proposed rule change that would allow for the listing of two exchange-traded funds tied to bitcoin futures.