Bitcoin / 11:34 am

Bitcoin ETF: There is no definite outcome, says SEC Commissioner Hester Peirce

Recently, the SEC Commissioner, Hester Peirce appeared on Crypto Trader, a  CNBC initiative hosted by the popular crypto-influencer Ran Neu-Ner. Hester spoke about behind the scenes of the Bitcoin ETF proposals. On being asked what was the reason for the 9 Bitcoin ETF denials that came from the SEC, and which were recalled later, Hester stated: “So […]

Bitcoin / 8:15 pm

Coinbase to step into the Bitcoin ETF arena with the help of Blackrock

Coinbase, one of the leading cryptocurrency exchange platform in the world, is looking into launching their own Bitcoin ETF along with the help of BlackRock, according to Business Insider.  The exchange platform had a meeting with individuals working with the BlackRock’s blockchain group, according to reports. This is because the firm is considered to be an […]

Bitcoin ETF / 4:13 pm

Who Needs a Bitcoin ETF? Crypto Scoffs at SEC Rejections

Over the past two days, the narrative on bitcoin exchange traded funds (ETFs) in the U.S. has felt like a rollercoaster. Up until Wednesday, all eyes were watching for a final decision on two futures-backed bitcoin ETF proposals set to be listed on the New York Stock Exchange (NYSE) and created by ProShares. However, the […]

Bitcoin ETF / 9:44 pm

What an SEC Bitcoin ETF Rejection Review Really Means

The U.S. Securities and Exchange Commission (SEC) announced Thursday that nine bitcoin exchange-traded fund (ETF) disapproval orders are to be stayed until further review. Referencing Rule 431 of the Commission’s Rules of Practice, the SEC said in a series of letters that it would reconsider the three rejections made by the U.S. regulator’s staff. But […]

Bitcoin / 1:04 am

Before Bitcoin ETFs Pass, A Clear Crypto Narrative Is Needed

Tanzeel Akhtar is an independent British journalist whose work has been published in The Wall Street Journal, CNBC, FT Alphaville, Investing.com, Forbes, Euromoney and Citywire. Bitcoin exchange-traded funds (ETFs) are having a hard time clearing the bar in the U.S., where nine applications were rejected by the Securities and Exchange Commission (SEC) yesterday. The SEC […]

Bitcoin ETF / 11:00 pm

SEC Says It Will ‘Review’ Bitcoin ETF Rejections

The U.S. Securities and Exchange Commission (SEC) has said it will review the disapproval orders for nine bitcoin ETFs issued on Wednesday. As CoinDesk previously reported, SEC staffers rejected proposals from three companies – Proshares, GraniteShares and Direxion – in a triple-set of orders published late yesterday. Now, according to the letters, senior SEC officials will […]

Bitcoin / 12:14 am

SEC Rejects 9 Bitcoin ETF Proposals

UPDATE: The SEC has also disapproved two bitcoin ETFs from GraniteShares. The order can be found here. The Securities and Exchange Commission (SEC) has issued rejections to bitcoin exchange-traded fund (ETFs) proposals from ProShares, Direxion and GraniteShares. In three orders published on August 22, the rejections came ahead of previously reported deadlines arising from the SEC’s […]