NYSE Arca

SEC Wants Second Look at Bitwise Bitcoin ETF Proposal

<header class=”article__header”> </header> <strong>The U.S. Securities and Exchange Commission (SEC) is reviewing its order issued last week pertaining to a rejected proposal for a bitcoin exchange-traded fund (ETF). The proposal was filed by NYSE Arca for the Bitwise Bitcoin ETF Trust. Meanwhile, the SEC is also evaluating a proposed rule change for a different type …

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SEC Rejects Another High-Profile Bitcoin ETF Proposal

<header class=”article__header”> </header> <strong>Another high-profile proposal for a bitcoin exchange-traded fund (ETF) has been denied by the U.S. Securities and Exchange Commission (SEC). T</strong><strong>he agency, however, emphasized that the disapproval was not based on whether bitcoin has utility or value as an innovation or an investment. Shares of the Bitwise Bitcoin ETF Trust were to …

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SEC Begins Accepting Public Comments on ETF Backed by Bitcoin and T-Bills

The U.S. Securities and Exchange Commission is kicking off the public comment period for a proposed exchange-traded fund (ETF) backed by bitcoin and Treasury bills. The SEC published a rule change proposal Tuesday which would allow Wilshire Phoenix Funds to list shares of the ETF on the NYSE Arca exchange, announcing the beginning of a 21-day …

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NYSE Arca Seeks Rule Change to List ETF Backed by Bitcoin and T-Bills

NYSE Arca has formally applied to the Securities and Exchange Commission (SEC) for a rule change that would allow it to list shares in a proposed bitcoin investment trust. The United States Bitcoin and Treasury Investment Trust, managed by Wilshire Phoenix Funds, would invest exclusively in bitcoin and short-term U.S. Treasury securities, according to a …

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SEC Commissioner Says Time Is Right for Bitcoin ETFs — 3 Funds Pending

<header class=”article__header”> </header> <strong>The U.S. Securities and Exchange Commission (SEC) is currently reviewing three bitcoin exchange-traded funds (ETFs), one of which was filed last week to track the prices of two cryptocurrencies. An SEC commissioner said at the Consensus conference on Monday that the time is right for a bitcoin ETF, as the commission is …

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SEC Postpones Decision on Bitwise, VanEck Bitcoin ETF Proposals

UPDATE (March 29, 19:45 UTC): The SEC has also delayed the VanEck/SolidX bitcoin ETF proposal. The U.S. Securities and Exchange Commission (SEC) has delayed making a decision on two bitcoin exchange-traded fund (ETF) proposals earlier this year. The first ETF proposal, filed by Bitwise Asset Management with NYSE Arca, was published in the Federal Register on Feb. 15, kicking …

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NYSE Arca Filing Kicks Off Countdown for New Bitcoin ETF

The clock just started on the latest effort to launch a bitcoin exchange-traded fund (ETF). The U.S. Securities and Exchange Commission (SEC) announced it was beginning its review of a bitcoin ETF rule change proposal filed by NYSE Arca and Bitwise Asset Management on Feb. 11, and the proposal itself was published in the Federal Register …

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