August 8, 2018 @ 1:48 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) pumped the brakes once again this week on firms offering Bitcoin based ETF. While these exchange traded funds have the potential to expand a far wider audience to the digital asset class, so far regulators have been hesitant to… Read More

August 8, 2018 @ 11:30 am By Cali Haan  |  

The SEC (Securities Exchange Commission) announced yesterday that it will take a full 90 days to decide on a rule change that may permit VanEck SolidX to take a Bitcoin ETF to market. The latest request for a rule change came from the Chicago Board… Read More

July 26, 2018 @ 10:33 pm By JD Alois  |  

The Winkelvoss Bitcoin Trust ETF was denied the ability to publicly trade today by the Securities and Exchange Commission (SEC). The order filed by the SEC was part of an ongoing saga that stems from way back in 2016 when Bats BZX Exchange requested a… Read More

July 26, 2018 @ 5:48 pm By JD Alois  |  

Commissioner Hester Peirce has slammed the Securities and Exchange Commission’s decision to deny trading of the Winklevoss Bitcoin Trust on Bats BZX Exchange in a public statement. Peirce stated; “I am concerned that the Commission’s approach undermines investor protection by precluding greater institutionalization of the… Read More

June 6, 2018 @ 2:50 pm By JD Alois  |  

VanEck, a New York based asset manager, has announced it will partner with SolidX to list a “physically-backed bitcoin ETF” (exchange traded fund). The proposed ETF will be insured against loss or theft of bitcoin. VanEck was first to file for a 40-Act Bitcoin ETF… Read More

June 1, 2018 @ 12:06 am By JD Alois  |  

Huobi Group announced the launch of the Huobi 10 Index last week. The index is designed to track ten different digital assets to thus provide a diversified product for investors. HB10 says it aims to improve the liquidity of digital assets and diversify the trading with… Read More

April 6, 2018 @ 3:56 am By JD Alois  |  

The Securities and Exchange Commission filed an “Order Instituting Proceedings” to determine if they should approve the listing of shares of the GraniteShares Bitcoin ETF and the GraniteShares Short Bitcoin ETF on the CBOE BZX Exchange. This is similar to a process that was initiated last… Read More

January 19, 2018 @ 1:43 pm By JD Alois  |  

Bot the Securities and Exchange Commission (SEC) and the Commodities Future Trading Commission (CFTC) have been dedicating additional resources towards cryptocurrencies, such as Bitcoin, and the hot initial coin offering market. Today, the CFTC released two reports regarding enforcement actions against crypto-related fraud.  Simultaneously, the… Read More

December 23, 2017 @ 9:21 am By JD Alois  |  

Multiple securities filings have cropped up on the Securities and Exchange Database regarding applications to trade Bitcoin based Exchange Traded Funds (ETFs).  The applications to trade ETFs follows the launch of Bitcoin based futures contracts that kicked off earlier this month. An example would be… Read More

December 20, 2017 @ 4:30 pm By JD Alois  |  

Multiple reports are indicating the NYSE (NYSE:ICE) has filed with the Securities and Exchange Commission to list to Proshares Bitcoin ETFs. CNBC said the funds would track the Bitcoin Futures contracts trading on the CBOE and CME. Both contracts only recently launched. Brown Brothers Harriman… Read More

April 7, 2017 @ 9:00 am By Jonathan Nieh  |  

Three groups have been vying to become the first SEC-approved bitcoin ETF. A bitcoin ETF would essentially create a publically traded bitcoin index by creating a trust that is entirely funded by bitcoins. The trust would then issue shares which can be purchased by the public… Read More

March 11, 2017 @ 3:24 pm By JD Alois  |  

The Bats BZX Exchange filed a proposed rule change to list and trade shares of the Winklevoss Bitcoin Trust. Yesterday, the SEC issued an order denying the request thus halting what could have been the first ETF designed to track Bitcoin. The news jarred the… Read More

December 3, 2015 @ 2:58 pm By Samantha Hurst  |  

Just one day after announcing plans to open its next investment opportunity, Fundrise debuted what’s dubbed as the world’s first eREIT. The crowdfunding platform shared: “Commercial real estate has historically been one of the best performing investment assets. Investors whose portfolios have up to 20% allocated to… Read More