The SEC now expects to decide whether to approve or disapprove Bitwise and Grayscale’s Bitcoin exchange-traded offerings in early February. The United States Securities and Exchange Commission continues to delay decisions on Bitcoin (BTC) exchange-traded funds (ETF), issuing two fresh deadline extension notices. On Wednesday, the SEC postponed two major Bitcoin exchange-traded offering proposals, including…
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While there’s been an awful lot of calls for bitcoin to reach six-digits in value in 2021, as the end of the year draws closer, it doesn’t seem like $100K per bitcoin will happen. Bitwise Asset Management’s chief investment officer Matt Hougan told the press on Monday that “$100,000 by the end of the year…
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The investment firm withdrew its application for a physically-backed Bitcoin ETF in 2020, but has already received approval for a fund offering investors exposure to companies in the blockchain and crypto industry. After almost two years, Bitwise Asset Management has once again applied with the U.S. Securities and Exchange Commission to create a Bitcoin exchange-traded…
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Bitwise has launched a new ETF offering exposure to the top publicly-listed firms operating in the blockchain and crypto industries. Bitwise Asset Management has announced the launch of its Crypto Industry Innovators exchange-traded fund, or ETF. Unlike the numerous proposals for Bitcoin and cryptocurrency ETFs offering direct exposure to digital assets that the U.S. Securities…
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