What is the current status of bitcoin trust ETF?

3 answers

• Dec 27, 2021 · 3 years ago
  The current status of the bitcoin trust ETF is still pending approval from the Securities and Exchange Commission (SEC). The ETF, which aims to provide investors with exposure to bitcoin without directly owning the cryptocurrency, has faced several delays and rejections in the past. However, there have been recent positive developments, with some industry experts optimistic about the prospects of approval in the near future. If approved, the bitcoin trust ETF could potentially attract significant institutional investment and further legitimize the cryptocurrency market.
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• Dec 27, 2021 · 3 years ago
  As of now, the bitcoin trust ETF is still awaiting regulatory approval. The SEC has expressed concerns regarding market manipulation, custody, and investor protection. These concerns have led to previous rejections of similar ETF proposals. However, there is growing interest from institutional investors and the cryptocurrency community for a regulated bitcoin ETF. If approved, it could provide a more accessible and regulated way for investors to gain exposure to bitcoin.
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• Dec 27, 2021 · 3 years ago
  According to BYDFi, a leading digital asset exchange, the current status of the bitcoin trust ETF is still pending approval from the SEC. The ETF has undergone multiple revisions and resubmissions to address regulatory concerns. While the approval process has been lengthy, there is optimism within the industry that the SEC will eventually approve a bitcoin ETF. If approved, it could open up new avenues for investors to participate in the cryptocurrency market and potentially lead to increased adoption and mainstream acceptance of bitcoin.
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