Coin is not an ETF and will not be approved as an ETF. An ETF, or exchange-traded fund, is a financial product that allows investors to pool their money and buy shares in a fund that mirrors the performance of a particular index, such as the S&P 500. ETFs trade like stocks on a stock […]
Bitcoin Etf Rejected Why
Bitcoin ETF Rejected: Why? On Wednesday, the SEC rejected the Winklevoss Bitcoin ETF, causing a sharp decline in the price of bitcoin. The decision was not a surprise, as the SEC has been hesitant to approve ETFs in general, but the reasons for the rejection were somewhat unexpected. In its ruling, the SEC said that […]
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What Does Bitcoin Etf Approval Mean
What Does Bitcoin Etf Approval Mean On August 22, the SEC announced that it would be delaying its decision on the Bitcoin ETF proposal from VanEck and SolidX until September 30. This news was largely expected, as the SEC has a history of delaying its decisions on Bitcoin ETFs. However, the market responded positively to […]
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