Since early 2018, the approval of a Bitcoin exchange-traded fund (ETF) has become the catalyst of the next bull run of crypto to the mind of many investors in the market. A Bitcoin ETF could certainly increase the liquidity of the dominant cryptocurrency in the U.S. market as it would allow both institutional and retail investors to securely and efficiently invest in the asset class without running in conflict with local regulations. However, according to pro-crypto U.S. Secu

SEC Chairman Jay Clayton has claimed that bitcoin exchanges lack sufficient transparency and monitoring for the market to see approved Bitcoin Exchange Traded Funds (ETFs). According to CNBC, at the Consensus Invest Conference in New York City recently, Clayton said: What investors expect is that trading in the commodity that underlies that ETF makes sense and is free from the risk of manipulation. It’s an issue that needs to be addressed before I would be comfortable. Clayto

Germany, Europe’s biggest economy, has called for an independent payment system free of the US, which experts have said is extremely positive for Bitcoin. Throughout the past several months, Iran and Turkey were hit hard by US sanctions, excluded from the global financial system. The two countries have been unable to initiate transactions to other countries, restricted from utilizing the global banking system. In response, Heiko Maas, German foreign minister serving in the fo

Rejections follow earlier rejection of Winklevoss-proposed ETF The SEC has again disapproved several proposals for a bitcoin ETF. The latest rejection involves two ETFs filed by ProShares that would track bitcoin futures contracts, another from GraniteShares, and five leveraged and inverse ETFs from Direxion. This follows on the heels of the SEC's rejection of the Winklevloss ETF in July that would have traded physical bitcoin. Similar to its rejection of the Winklevoss ETF,

The cryptocurrency market is changing. The hype premium has been greatly reduced and I think we're getting close to a bottom for Bitcoin which could turn the market around. The SEC is set to make a decision on two more Bitcoin ETFs this Thursday, August 23rd. I think ETF approval is unlikely. If I'm correct this could tank prices to even lower levels. Meanwhile, many sovereign nations are working on their own cryptocurrency to avoid the US dollar. The stage is set for widespr

A Crypto ETF Through the Back Door? American investors can now invest in bitcoin Exchange Traded Funds (ETF) through an Exchange-Traded Note (ETN) called Bitcoin Tracker One on the Nasdaq Stockholm Exchange in Sweden, per a Bloomberg report. The product, which started trading in 2015, is currently available to American investors despite being listed and regulated under Swedish law after being listed in U.S. Dollars for the first time on Wednesday, August 15, 2018. For several

Cboe Global Markets Inc. is attempting to be the first to list a bitcoin exchange traded fund (ETF). Unfortunately, it is difficult to win approval from the U.S Securities and Exchange Commission. Chris Concannon, the exchange operator’s president and chief operating officer stated in an interview, As we chip away at their issues to make them less concerned, at some point they’ll be comfortable with an ETF. Speculation has risen that a bitcoin ETF is going to be approved as e

Earlier this summer, the Winklevoss brothers' second attempt at launching a bitcoin-linked exchange-traded fund (ETF) fell apart when the U.S. Securities and Exchange Commission (SEC) rejected it. This second application was a revised and updated version of the first, which was turned down in March 2017. With the SEC's decision, many in the cryptocurrency space lamented what they saw as the failure of one of the best-positioned projects to open up the doors to a bitcoin ETF p

ARRINGTON BELIEVES BITCOIN PRICE WILL HIT $25000 AFTER ETF APPROVAL Arrington XRP Capital founder Michael Arrington has said that he is positive about a crypto ETF being approved by September 2018. He believes that the approval of a crypto ETF is inevitable and it is a matter of when and not if. During his interview with Ran Neuner on CNBC Crypto Trader, he discussed the possibility of a bitcoin ETF and said that a crypto ETF could propel bitcoin prices to over $25,000 by th

The US Securities and Exchange Commission (SEC) could approve a Bitcoin ETF in the next 18 months, said Ali Hassan, the CEO, and one of the three co-founders of asset manager Crescent Crypto. Hassan, a former Goldman Sachs executive, was speaking at Bloomberg Markets studios about the considerable potential of passive management strategies in cryptocurrency markets. On being asked about the SEC’s rejection of Winklevoss Bitcoin ETF twice in a row, he acknowledged the US regul