ETF - AllStocks Network

First China-Based Blockchain ETF Awaits Regulatory Approval

Posted on December 31, 2019December 31, 2019 by Rehan Yousaf

Penghua Fund, an asset management firm based in the Guangdong province of China, has filed an application to list a blockchain-centered exchange traded fund (ETF) in China. Shanghai Securities News reported that if the application is approved, which is currently under review by China Securities Regulatory Commission, this would mark the exchange traded fund as the first one of its kind in the country that is solely focused on blockchain. The application by Pengua Fund,…

SEC Turns Down Bitwise Bitcoin ETF Trust Despite Compelling Case

Posted on October 12, 2019October 12, 2019 by Julie Williams

Bitwise Asset Management, a key player in the global crypto space that is revered as the leading provider of beta funds and index for the crypto ecosystem, has been in the race for a Bitcoin ETF since January 2019. Like most top shots looking for own their Bitcoin ETF, the firm filed with the United States Securities and Exchange Commission (SEC) for the right to a Bitcoin ETF. Filed on January 9, 2019, the SEC…

Decision on Bitwise Bitcoin ETF Approval Delayed by the SEC Yet Again

Posted on May 16, 2019May 16, 2019 by Rehan Yousaf

The U.S. Securities and Exchange Commission (SEC) has once again delayed the decision to approve or reject a Bitcoin exchange-traded fund (ETF) by 5 weeks. The decision to delay was announced in a document published by the SEC. The document states that the regulator would hold off on making a decision on the Bitwise ETF proposal filed with NYSE Arca. The document asked for interested parties to provide public comment in an effort to receive…

South Korea Awaits US SEC’s Decision about Bitcoin ETF

Posted on February 25, 2019February 25, 2019 by Julie Williams

The call for a Bitcoin exchange traded fund (ETF) has been a longstanding request in the crypto sphere. With winter rampaging the crypto market, investors are being compelled to turn to safer means of trading within the crypto sphere including exchange traded funds. Still, regulators from all around the world are yet to approve a Bitcoin ETF. As a commission with investor’s safety at heart, the reasons for been skeptic all along is due to…

SEC Commissioner Jackson Optimistic About Proposed Bitcoin ETF

Posted on February 8, 2019February 21, 2019 by Jodie Lauren Smith

A long interview between SEC Commissioner Robert J Jackson Jr and Congressional Quarterly (QC) is set to be published on February 11; however, the draft copies of the interview have already been circulated on social media. The leaked paper proposes that ‘Bitcoin ETF will eventually be approved”. Cryptocurrency investors have long sought a US-based fully regulated Bitcoin exchange-traded fund (ETF); however, the Securities and Exchange Commission (SEC) has repeatedly delayed the decision due to concerns over the crypto…

Up to the Task? Bitwise Files for a Bitcoin ETF After a Year of Thorough Research

Posted on January 13, 2019January 13, 2019 by Julie Williams

An exchange-traded fund (ETF) has been touted as the holy grail of the global crypto ecosystem, yet there is no approved ETF in the space. Bitcoin ETF has been filed several times and it has been denied just as many times as it was filed. The U.S. Securities Exchange Commission (SEC) claims crypto firms are yet to satisfy relevant requirements. Having prepared for about a year, Bitwise Asset Management has announced on January 10 that…