• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Crypto.com Logo Crypto.com Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance
Breaking News: SEC Strikes: Seeks Temporary Restraining Order To Freeze Binance.US Assets
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance
Bitcoinist.com
No Result
View All Result
Breaking News: SEC Strikes: Seeks Temporary Restraining Order To Freeze Binance.US Assets

Optimism Rises Despite Likely ETF Delays

Kevin O’Brien by Kevin O’Brien
5 years ago
in News, Bitcoin Regulation, News teaser
0

Optimism has been growing concerning SEC approval for proposed Bitcoin ETFs. However, further delays for a final decision are probably going to occur.


One of the bigger unanswered questions inside of the cryptocurrency world has to do with the SEC’s final decision on a variety of Bitcoin ETFs.

In August, the regulatory body rejected nine proposed ETFs, but seemingly reversed course on many of them, announcing they would take a second look at two ProShares ETFs, one from GraniteShare, and five from Direxion.

Now the regulatory agency is looking for public comments either in support of or against the proposed ETFs. These comments will be required to be submitted by October 26th so they can be apart of the SEC’s decision-making process.

Some experts think the solicitation of public comments is a good sign for those hoping for approval.

Final Decisions In 2019?

However, others think delays on a final decision might push deliberation into 2019. eToro senior market analyst Mati Greenspan says the earliest decision from the SEC about the proposed SolidX Bitcoin Shares would occur on December 29th.

According to Greenspan, there is a chance this decision could be pushed off into mid-February.

John Lore, managing partner at Capital Fund Law, points out that the SEC may not allow Bitcoin ETFs to be traded until there is some sort of worldwide coordinated effort to codify exchange standards.

Lore’s reasoning has to do with market manipulation. He tells U.S. News & World Report how the SEC said market manipulation was a big factor for their previous rejections.

In his eyes,

Market manipulation is a systematic problem that happens at the exchange level because of major deficiencies in the ability and willingness of the exchanges to exercise the needed oversight and control to address rampant abuses.

SEC Personnel for Approval?

Despite lingering questions about the SEC’s perception towards Bitcoin ETFs, some speculate the right personnel inside of the agency will help facilitate approval.

Over the last month, a lot of attention has been focused on the Senate’s approval of Elad Roisman to serve as SEC Commissioner.

Roisman’s positioning towards the top of the organization means, according to an anonymous analyst, that a Bitcoin ETF is inevitable.

SEC

Roisman has been open about focusing agency attention on ICOs and blockchain offerings in a fair manner.

Another Commissioner, Hester Peirce, has spoken about her support of Bitcoin ETFs. Pierce, dubbed “Crypto Mom,” has not been shy about her enthusiasm for innovation, as well as her interest in crypto and blockchain.

How do you think the SEC should handle the proposed ETFs on their agenda? Let us know in the comments below.


Images courtesy of Bitcoinist archives.

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.

Kevin O’Brien

Kevin O’Brien

Related Posts

Crypto.ro and Binance Unveil the 3rd Binance Meetup in Romania, Set in Timisoara

Crypto.ro and Binance Unveil the 3rd Binance Meetup in Romania, Set in Timisoara

2 weeks ago
Gemini

Gemini To Launch Non-US Crypto Derivatives Platform

2 months ago
Nasdaq

Nasdaq Targets Mid-2023 For Crypto Custody Launch

2 months ago
Crypto.Com Became The10th Largest BONE Holder

Crypto.Com Became The10th Largest BONE Holder

3 months ago
Hong Kong

Hong Kong Set To Welcome Prominent Crypto Data Firm

3 months ago
crypto conference the alliance

Crypto.ro Announces “The Alliance,” a Highly Anticipated Crypto Conference in 2023

3 months ago
Please login to join discussion

Premium Partners

Premium Casino Partners

Play Finance

Now Trending

  • Whale Power Unleashed: Mooky Emerges as the Rival Meme Coin...

    6 days ago
  • Exploring the Meteoric Rise of Mooky: Could It Be the Next...

    6 days ago
  • Discover the Next Big Thing: Mooky.io Presale Boasting Fair...

    6 days ago

Top Casinos

Trust Dice
Trust Dice
Punt Casino
Punt Casino
mBit
mBit
1xBit
1xBit
K8
K8

Press Releases

  • Ripple IPO Could Break Every Record, Learn How You Can...

    58 mins ago
  • Axie Infinity (AXS) Price Prediction: Can AXS Bounce Back?...

    2 hours ago
  • Top Cryptos to buy today: TOADS, ADA, RNDR, SOL

    3 hours ago
  • Is PEPE’s hype over? A look at the Next 5 Big...

    3 hours ago
  • 3 Top DeFi Cryptocurrencies for June 2023: Solana, Cardano...

    7 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
© 2023 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance

© 2023 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.