VanEck Launches Bitcoin Exchange-Traded Note on Deutsche Boerse
The VanEck Vectors Bitcoin ETN is now trading on the trading on the Deutsche Boerse Xetra.
The regulator now has 45 days to approve or deny the application or extend the review period.
The global custodian would custody ETF shares and provide fund accounting if the ETF approved by the SEC.
Krpytoin also filed for a bitcoin ETF on Friday.
The SEC now has 45 days to either approve or disapprove the application, or extend the review period.
So far, the SEC has considered many applications for bitcoin-based ETFs and rejected them all.