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Re: SEC Moves to Make Decision on VanEck-SolidX Bitcoin ETF Proposal
by
btcmegastar
on 24/09/2018, 06:51:41 UTC
The U.S. Securities and Exchange Commission (SEC) announced Thursday that it has begun proceedings to decide whether to approve a proposed bitcoin exchange-traded fund (ETF).

The SEC published an "order instituting proceedings to determine whether to approve or disapprove a proposed rule change" filed by Cboe BZX Exchange, Inc. If approved, Cboe would have the green light to list a bitcoin ETF pitched earlier this year by money management firm VanEck and crypto startup SolidX.

As part of that process, the SEC wants more input from the public – to date, according to the agency, more than 1,400 comments have been submitted.
and I hope that ETF can be accepted so that the world actors crypto more passionately and make the market regained its bustle
I'm sure the ETF will be received and bitcoin will be moon and moon Grin Grin

Expecting so because if the company ETF proposal should be validated and it shouldn't be a fraud by them after listing because SEC is considering much consideration before accepting Bitcoin ETF. In the coming days, SEC will accept the Bitcoin ETF because of the metric seemed good and perfect.s to b