Tag Archives: Bitcoin ETF

Bitcoin ETF Approval Chances Down to 10%, Says Legal Expert

Following last week’s delay of the SEC to decide on whether to approve or not the proposed, commodity-backed bitcoin ETF proposal of VanEck and SolidX, legal expert Jake Chervinsky now says that there is a 10 percent chance of its approval.  ‘I Think the ETF is in Trouble’ Jake Chervinsky, a legal expert who correctly predicted that the SEC… Read More »

VanEck/SolidX Bitcoin ETF May Be In Danger says Crypto-lawyer Jake Chervinsky

For the most part of 2018 Bitcoin ETF was considered the component that would trigger the next bull run in cryptos as it was believed to open floodgates of institutional monies into cryptocurrencies. But the way SEC has dealt with the various ETF applications, chances of Bitcoin ETF to be approved anytime soon looked meek. With few applications… Read More »

Not Everyone Wants a Bitcoin ETF

While many traders eagerly await a potential bitcoin exchange-traded fund (ETF), some of the cryptocurrency’s most passionate advocates are lukewarm at best about the prospect of such an instrument. Twitter is flush with users like crypto entrepreneur Jonathan Hamel posting about how an ETF would bring an “epic” inflow of institutional capital to the ecosystem – that is,… Read More »

“Bitcoin ETF in Trouble”, Does February Deadline has Any Chance of Approval?

US SEC has postponed the Bitcoin ETF yet again and set the deadline for February end, next year. Jake Chervinsky, securities litigation lawyer shared a detailed explanation of what to expect from SEC. Bitcoin ETF Delayed, What Now? Just recently, the US Securities and Exchange Commission (SEC) has once again postponed the decision to the Bitcoin Exchange Traded… Read More »

Bitcoin Price Analysis: BTC/USD Accumulating as VanEck Subsidiary Work on “Transparency”

Latest Bitcoin News Of course, price is not the only metric of interest as far as Bitcoin is concerned. Adoption rate and infrastructure development is of interest. Though the coin is meant to by-pass third parties as regulators, we cannot discount the role of regulators and their constant talk of investor protection. Other jurisdictions might be open but… Read More »

Bitcoin Price Analysis: BTC Bounces But Bears Still in Control

Bitcoin price just pulled off a nice 10% bounce with the next level of resistance at $3,700. Let’s take a look at what can happen next? Bitcoin Price: Market Overview Bitcoin price 00 dropped to a new yearly low at $3,210 and the overall market cap now rests at $110.6 Billion. Clearly, bears are still running the show for BTC… Read More »

Traders Cautious as Bitcoin Plunges to a New Yearly Low at $3210: Can it Recover?

Advertisement On December 7, the Bitcoin price achieved a new yearly low, as the valuation of the crypto market fell by $16 billion within a 24-hour span. Bitcoin Price Struggles to Recover from New Yearly Low Bitcoin (BTC) fell to as low as $3,210 on fiat-to-cryptocurrency exchanges like Bitstamp and Coinbase, which led other major cryptocurrencies and low… Read More »

SEC to Decide Fate of Vaneck Solidx Bitcoin ETF by Late February

The U.S. Securities and Exchange Commission (SEC) has delayed its decision on the Vaneck Solidx bitcoin exchange-traded fund (ETF), which will trade on Cboe BZX Exchange. The SEC has received more than 1,600 comments and will make a decision by February next year. New Decision Date The SEC announced on Thursday that it has designated “a longer period… Read More »

VanEck: We’re ‘Cautiously Optimistic’ on Bitcoin ETF Approval

Advertisement Gabur Gurbacs, Director of Digital Assets Strategy at VanEck has expressed optimism over the SEC’s impending decision on the long-mooted Bitcoin exchange-traded fund (ETF) proposal by VanEck and SolidX. Speaking to host Brad Smith during an appearance on Cheddar, Gurbacs stated that while the market clearly wants a bitcoin ETF, the only update available is that VanEck… Read More »

Why A Bitcoin (BTC) ETF Might Be Approved in February 2019

A few hours ago, the cryptocurrency and investor communities were notified of the delay by the Securities and Exchange Commission (SEC) to rule on the pending VanEck Bitcoin ETF until February 27th. Some have even linked the announcement to the current blood bath in the crypto markets that has the total crypto market capitalization at $108.68 Million with… Read More »