Shopping Cart
No items in your cart.

SEC Still Not Ready for Bitcoin ETF

September 9, 2019 5:09 pm by FomoHunt

Washington D.C. — SEC Chairman Jay Clayton says that progress is “being made” on the Bitcoin ETF, but it is ultimately not ready yet. Speaking to CNBC, Clayton expressed familiar concerns on allowing Bitcoin to trade on unregulated foreign exchanges, specifically around “significant manipulation.” The clock is rapidly running down on two Bitcoin ETF’s, the Bitwise and VanEck/Soldix, which will be decided on October 13 and October 18 respectively. Bitcoin veterans will recall that the promise of a Bitcoin ETF has been a prospect since 2016.