Not giving up: VanEck refiles with SEC for spot Bitcoin ETF
VanEck believes nothing should prevent the SEC from approving a pure Bitcoin ETF after the regulator greenlighted Bitcoin futures ETFs in 2021. VanEck, one of the first firms in the world to ever file for a Bitcoin (BTC) exchange-traded fund (ETF), is not giving up on its plans to launch a spot Bitcoin ETF in the United States.The firm has refiled an application for a physically-backed Bitcoin ETF with the U.S. Securities and Exchange Commission (SEC).Filed on June 24, VanEck’s latest Bitcoin ETF application comes months after the SEC rejected its previous spot Bitcoin ETF request on Nov.....
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VanEck has had a rollercoaster of a month with its Bitcoin ETFs. After three Bitcoin Futures ETFs were approved by the Securities and Exchange Commission, Spot ETFs became the next big thing as they posed a greater advantage for traders. However, this would prove to not be happening anytime soon as the VanEck Spot Bitcoin ETF was rejected by the regulatory body. However, all hope was not lost for the investment fund as it had doubled back with a bitcoin futures ETF. This time around, VanEck found success as the SEC has approved this ETF. Related Reading | Crypto Analyst Says Bitcoin....
In a significant move that marks a new milestone for the entire cryptocurrency industry, leading asset manager and Bitcoin Exchange-Traded Fund (ETF) issuer VanEck has officially filed the first-ever Spot Solana ETF with the US Securities and Exchange Commission (SEC). VanEck Files For Spot Solana ETF The Solana ETF filing announcement was made by Matthew […]
The Australian Securities Exchange (ASX), the largest stock exchange in Australia, has recently approved the listing of its first spot Bitcoin exchange-traded fund (ETF). The VanEck Bitcoin ETF (VBTC), which will begin trading on June 20, will be issued by asset management firm VanEck. This approval follows VanEck’s successful launch of the VanEck Bitcoin Trust […]
In a recent development, asset manager VanEck joins the list of applicants who have made revisions to their Spot Bitcoin ETF prospectus. Many continue to speculate that these revisions could mean that approval of these funds by the US Securities and Exchange Commission (SEC) is imminent as it forms part of the process before an […]
On Friday, November 12, the U.S. Securities and Exchange Commission (SEC) rejected Vaneck’s bitcoin spot market exchange-traded fund (ETF). The U.S. regulator noted that the denial was due to the lack of prevention toward “fraudulent and manipulative acts and practices.”
SEC Turns Down Spot Market ETF – US Regulator Believes There Should be More Manipulation Protection for Investors
Following the approval of a few bitcoin ETFs that leverage future markets, the SEC has rejected Vaneck’s bitcoin spot market ETF on Friday. So far, the U.S.....