When the SEC will approve the ETF for cash? An expert forecast
Source:
In early August, analyst Brian Kelly , the SEC will approve the ETF only once in the US will be adjustable cryptocurrency exchange, and CryptoStream will begin to provide quality services and products for institutional investors.
Now Kelly has suggested that the fed will delay a decision until the deadline of February 2019. His words are quoted .
theWhen I grow up
So the investor has responded to the recent SEC approval of nine filings for ETFs that have filed exchange ProShares, Direxion and GraniteShares. Then the regulator said the cause of verdict inconsistency of the proposed solutions the exchange Act.
February 2019 is the most realistic date by which the SEC will be able to take a positive decision of the public funds, focused on Bitcoin. Why do I think so? The regulator has the right to move the approval of nine times, and the last one corresponds to February of next year.
Kelly added that the decision of the SEC approving an ETF is paramount. However, this will not happen immediately. First need to improve the quality of cryptocurrency services in the country, as institutional investors should obtain the relevant tools.
The weight of words Kelly adds the intention of the SEC decision on the three ETFs that were rejected. The representative of the Governor said that the verdict was not all members of the Commission. However, the specific date of approval was not disclosed.
Will the creation rate of Bitcoin ETF? Share your thoughts to .
Recommended
the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...
Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam
co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...
The Ethereum is a cryptocurrency Scam. A new report Chainalysis
When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...
Related News
VEB and the Grozny mayor's office transferred the housing sector on the blockchain
In February, the first Deputy Chairman of VTB Olga Dergunova positively the prospects of the blockchain. According to her, the technology will improve the speed of transactions and security standards. To move from words to action ...
Hacker 1337. How to hack Etherscan not to cause any harm
Monday on the website Etherscan.io appeared a pop-up message with the numbers 1337. The visitors began to panic and spread rumors about hacking Explorer. really hacked, but the damage from a hacker attack was zero. About it writes...
How many mines Kamikaze: Triple-1 developing a new generation of Asimov on 7-nanometer chip
in Addition , another Japanese company develops equipment for mining on a 7-nanometer chips. Triple-1 had already completed the first test batch production of ASIC miners and preparing for the start of sales in November. About it ...
A mountain of money. How many coins Ethereum keep team ICO?
At the moment, cryptocurrency startups, who conducted the ICO, keep in their wallets approximately 3.3 million ETH. According to analysts , the second-largest holder of coins after Ethereum Foundation is a team Digix, the purse wh...
In may, the brothers Winklevoss patented financial instrument that in the future institutional investors to trade cryptocurrency. We are talking about the method of calculating profit on traded on the stock exchange coins. With it...
Bitmain released the Antminer S9 Hydro with water cooling. Characteristics and profitability of new
Yesterday, Bitmain announced the release of its latest asika S9 Hydro. The latest mining hardware Bitcoin will now be working on the water cooling and to issue 18 of teruhisa per second. About it writes . the what will mine Bitcoi...
You shall not pass: why SEC rejects all ETF for Bitcoin?
Yesterday the Commission on securities and stock exchanges of the USA all applications about creating a cryptocurrency backed by derivatives. According to the lawyer Kobre Kim LLP Jake Chervinsky, the SEC is unwilling to approve E...
Smokescreen: what lies behind the development of a national cryptocurrency Venezuela?
the Venezuelan currency backed by oil countries, can be a regular distraction debt-ridden government. About the same time, economists started talking after Venezuelan President Nicolas Maduro announced the release of a new Fiat cu...
Hope is alive: the SEC will reconsider decision to cancel several cryptocurrency ETF
representatives of the Commission on securities and stock exchanges of the USA have decided to reconsider the decrees about several ETF on Bitcoin. The sudden decision of the SEC gives hope for a small increase in Bitcoin in the s...
Waiting for the fall course: China has vowed to block 124 foreign exchange
In February, China's Central Bank plans to prohibit the circulation of cryptocurrency in the country. Since then, the Chinese traders and miners have not easy to trade the coins they prefer in Hong Kong, South Korea and other near...
No money: Nvidia hopes to profit from the miners
the Company will not aim at the sale of GPU miners, as its revenue in this sector is strongly on the background correction of the stock market. The representatives of Nvidia coincided with a new generation of graphics cards RTX 20...
The end of anonymity? Bitmain asked to produce a passport to buy ASIC miners
Buy ASIC miner easy. In General, the procedure is reduced to the transfer of the required amount in coins and the specification of the delivery address. In response, the company sends the device writes client data into the databas...
You are not welcome here: Beijing banned the cryptocurrency conference
the Municipality of Beijing issued an official ban on the holding of the events related to cryptocurrency. The restriction applies to hotels, shopping centers and office buildings in the Central district of Chaoyang. About it writ...
A knife in the back: the SEC has rejected nine applications for ETFs and dropped the market
In early August, the Commission on securities and exchange Commission (SEC) again in term of the decision on ETF from VanEck, and Solidx. After that, several analysts said that the regulator is unlikely to approve open-end investm...
Millions in the crypt: exchange BitMEX is moving to the most expensive skyscraper in the world.
In early August, the cryptocurrency startup Bitfury rental is one of the most expensive offices in Moscow — it was about the room in the tower "mercury tower" in the business center "Moscow-city". According to the estate agent who...
Recently a new generation of Nvidia graphics cards RTX 20. As representatives of the company, top-end video card line will be six times more powerful than the previous generation. About it writes . the Profitability Nvidia RTX 20 ...
Mistress or bitcoins: how scammers are cashing in on the "unfair" marriage
the Federal trade Commission (FTC) vengeance engaged in combat with the Blackmailers, which require victims cryptocurrency for his silence. This time the target of scammers have become married men, convicted of treason. This write...
last week, the experts from RWTH Aachen in Germany , that in a month users of the script for covert mining Coinhive produce 250 thousand dollars. 30 percent of this amount goes to the developers of the program. Now experts on cyb...
In late July, members of the community Ethereum concern about the most popular dApp called Fomo3D. At that time, it invested 180 thousand esters, and further investment could jeopardize the entire network. Now in the app store Goo...
The Russian government proposed to create cryptoolinux. What will it be?
In April, the Central Bank , Russia's largest buyers and sellers of cryptocurrency turned out to be the Chinese trading on the Moscow markets, "Moscow", "green thumb" and "Fudsiti". During the year their turnover was 600 billion r...
Comments (0)
This article has no comment, be the first!