Our thesis is that the probability of a Bitcoin ETF approved in the near term.Bitcoin ETF Reconsidered by SEC, Ethereum ETF Version May Be Approved.The Securities and Exchange Commission denied approval of the Winklevoss Bitcoin Trust ETF, an exchange-traded fund that would track the value of digital currency.The Bitcoin price hit record highs then plunged 35% upon SEC decision on Winklevoss Bitcoin ETF approval.Bitcoin Price Surge in Advance of SEC Decision to Approve first Bitcoin ETF, Winklevoss Bitcoin Trust ETF.
The Securities and Exchange Commission is torn over the bitcoin exchange-traded fund.While still volatile, and trying to shake the seedier side of its reputation, digital currency bitcoin has come a long way in a few short years.
Due to its low correlation with other asset classes, it also acts as a portfolio diversifier.The Winklevoss brothers are speeding up SEC approval for. because success would mean they had the first Bitcoin-based ETF approved by the SEC,.Optimism is driven by the face that the SEC is reviewing its decision to reject a bitcoin ETF proposed by Cameron and Tyler Winklevoss.
Winklevoss ETF was approved, the price of Bitcoin. an SEC ruling are also unlikely to win approval.Intraday data delayed at least 15 minutes or per exchange requirements.
Although no one knows for sure if the SEC will approve this investment.
From Zacks: There has been a lot of interest in bitcoin of late, mainly due to its astronomical rise.On the other hand, demand has been rising due to geopolitical uncertainty.According to a publicly distributed notice detailing the decision.Should a Bitcoin ETF receive SEC approval and should investor demand for such an ETF increase,.A lot of people are keeping a very close eye on whether or not there will be a bitcoin ETF in the near future.