Will the SEC Approve a Bitcoin ETF?
Rulings on the approval of Bitcoin Exchange traded funds (ETFs) are set to be disclosed in the coming months. Investors brace themselves for what could be a historic reveal in the world of investments; flooding in new money to Bitcoin, and ushering in a new era of similar products and innovation. But, because of the lack of this type of product in the market, combined with Bitcoin’s history of price volatility and the Securities and Exchange Commission’s (SEC) stimulus to protect consumers, many question, “Will a Bitcoin ETF ever happen?”. ETFs are investment funds, similar to mutual funds....
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Purpose Investments has announced that its bitcoin ETF has received regulatory approval in Canada. The post Canadian Securities Regulators Approve North America’s First Bitcoin ETF appeared first on Bitcoin Magazine.
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