SEC Moves to Make Decision on VanEck-SolidX Bitcoin ETF Proposal

[anhhasd51]

The U.S. Securities and Exchange Commission (SEC) announced Thursday that it has begun proceedings to decide whether to approve a proposed bitcoin exchange-traded fund (ETF).

The SEC published an "order instituting proceedings to determine whether to approve or disapprove a proposed rule change" filed by Cboe BZX Exchange, Inc. If approved, Cboe would have the green light to list a bitcoin ETF pitched earlier this year by money management firm VanEck and crypto startup SolidX.

As part of that process, the SEC wants more input from the public – to date, according to the agency, more than 1,400 comments have been submitted.

[Cojiro]

The U.S. Securities and Exchange Commission (SEC) announced Thursday that it has begun proceedings to decide whether to approve a proposed bitcoin exchange-traded fund (ETF).

The SEC published an "order instituting proceedings to determine whether to approve or disapprove a proposed rule change" filed by Cboe BZX Exchange, Inc. If approved, Cboe would have the green light to list a bitcoin ETF pitched earlier this year by money management firm VanEck and crypto startup SolidX.

As part of that process, the SEC wants more input from the public – to date, according to the agency, more than 1,400 comments have been submitted.

and I hope that ETF can be accepted so that the world actors crypto more passionately and make the market regained its bustle
I'm sure the ETF will be received and bitcoin will be moon and moon

[xha-256]

Include the source of this whole content you copied from news site before someone reported your thread as plagiarism.

Source: https://www.coindesk.com/sec-seeks-more-input-as-it-weighs-vaneck-solidx-bitcoin-etf/

[Yaunfitda]

The U.S. Securities and Exchange Commission (SEC) announced Thursday that it has begun proceedings to decide whether to approve a proposed bitcoin exchange-traded fund (ETF).

The SEC published an "order instituting proceedings to determine whether to approve or disapprove a proposed rule change" filed by Cboe BZX Exchange, Inc. If approved, Cboe would have the green light to list a bitcoin ETF pitched earlier this year by money management firm VanEck and crypto startup SolidX.

As part of that process, the SEC wants more input from the public – to date, according to the agency, more than 1,400 comments have been submitted.

I think you are late. Because they already release a statement saying that they are going to delayed their decision again.

https://bitcoinist.com/bitcoin-etf-delayed-comments/

They said the comments is not enough and they need more. I really don't know what to expect. Is this an indication that they are really working hard and we might get the ETF that we all have been waiting for? Or they are just playing with us?

[Cojiro]

and as a crypto fan, I really hope that the ETF proposal can be accepted by the SEC, maybe the only hope for crypto lovers is because it will make a bright year end for crypto users around the world

[audaciousbeing]

The U.S. Securities and Exchange Commission (SEC) announced Thursday that it has begun proceedings to decide whether to approve a proposed bitcoin exchange-traded fund (ETF).

The SEC published an "order instituting proceedings to determine whether to approve or disapprove a proposed rule change" filed by Cboe BZX Exchange, Inc. If approved, Cboe would have the green light to list a bitcoin ETF pitched earlier this year by money management firm VanEck and crypto startup SolidX.

As part of that process, the SEC wants more input from the public – to date, according to the agency, more than 1,400 comments have been submitted.

When the bitcoin price is recovering and trying to maintain a balance, that's when there is always a pending ETFs proposal is always coming to the fold and I begin to wonder, how .any ETFs proposals was submitting in the first place because as one is being denied, it seems there is still more waiting to be denied as well.

The people submitting these proposals are in my opinion contributing to the massive volatility that is happening in recent times. They should just take a shill pill and allow the .market to recover fully, go back to their own drawing board then do a detailed analysis as to why the others are being rejected before submitting another proposal which would likely go the ways of others.

[btcmegastar]

The U.S. Securities and Exchange Commission (SEC) announced Thursday that it has begun proceedings to decide whether to approve a proposed bitcoin exchange-traded fund (ETF).

The SEC published an "order instituting proceedings to determine whether to approve or disapprove a proposed rule change" filed by Cboe BZX Exchange, Inc. If approved, Cboe would have the green light to list a bitcoin ETF pitched earlier this year by money management firm VanEck and crypto startup SolidX.

As part of that process, the SEC wants more input from the public – to date, according to the agency, more than 1,400 comments have been submitted.

and I hope that ETF can be accepted so that the world actors crypto more passionately and make the market regained its bustle
I'm sure the ETF will be received and bitcoin will be moon and moon

Expecting so because if the company ETF proposal should be validated and it shouldn't be a fraud by them after listing because SEC is considering much consideration before accepting Bitcoin ETF. In the coming days, SEC will accept the Bitcoin ETF because of the metric seemed good and perfect.s to b

[Binugon]

The U.S. Securities and Exchange Commission (SEC) announced Thursday that it has begun proceedings to decide whether to approve a proposed bitcoin exchange-traded fund (ETF).

The SEC published an "order instituting proceedings to determine whether to approve or disapprove a proposed rule change" filed by Cboe BZX Exchange, Inc. If approved, Cboe would have the green light to list a bitcoin ETF pitched earlier this year by money management firm VanEck and crypto startup SolidX.

As part of that process, the SEC wants more input from the public – to date, according to the agency, more than 1,400 comments have been submitted.

All cryptocurrency users, especially bitcoin are waiting for this decision, I hope the SEC approves this proposal, because this will have a positive impact on the market, giving rise to the trend of the previous year where the price of bitcoin is fantastic.

[btc_angela]

and as a crypto fan, I really hope that the ETF proposal can be accepted by the SEC, maybe the only hope for crypto lovers is because it will make a bright year end for crypto users around the world

Well it could be one factor that can potentially change the game today. There's a theory that a influx of money will come again once a approval is reach. However, we have seen that when institutional investors enters the picture, the price will be stable and then next thing we know the price goes on a downward spin, that's one thing I'm afraid that might happen if ETF gets approved but I might be wrong.

[Daltonik]

The SEC rejected the application of the asset management company VanEck for a BTC based ETF, after in September the SEC once again extended the consideration of VanEck's application, in order to have enough time to consider the proposed changes and the issues raised in the letters with comments.

https://www.sec.gov/rules/sro/cboebzx/2021/34-93559.pdf

[Easteregg69]

They need more time to buy the dip? I think.

You check how many of those dudes that has donation button on twitter.