SEC rejects VanEck’s spot Bitcoin ETF as BTC price falls below $63K
The U.S. Securities and Exchange Commission, or SEC, has officially disapproved asset manager VanEck’s spot Bitcoin exchange-traded fund months after the firm submitted its application. According to a Nov. 12 filing, the SEC rejected a proposed rule change from the Cboe BZX Exchange to list and trade shares of VanEck’s Bitcoin (BTC) Trust. Specifically, the […]
SEC reportedly knocks back Valkyrie's leveraged Bitcoin ETF
Reports are emerging that the U.S. Securities and Exchange Commission has rejected one, or possibly two, recent Bitcoin exchange-traded fund applications signaling that the regulator is not quite ready for more exotic futures products just yet. Just a day or so after Valkyrie filed for a leveraged Bitcoin futures ETF and Direxion applied for an […]
VanEck Bitcoin Strategy ETF will likely launch next week as crypto prices reach ATHs
The United States Securities and Exchange Commission, or SEC, has likely approved asset manager VanEck’s Bitcoin Strategy exchange-traded fund (ETF), with trading expected to begin on Monday. In a Wednesday filing with the SEC, VanEck said the public offering of its Bitcoin (BTC) Strategy ETF, which offers exposure to the crypto asset through futures contracts, […]
Deutsche Boerse launches Solana and Polkadot ETNs by VanEck
German stock market operator Deutsche Boerse continues diving into the cryptocurrency derivatives by listing three new crypto exchange-traded notes (ETN) by VanEck. Deutsche Boerse officially announced on Tuesday that VanEck’s new ETNs on Polkadot’s DOT, Solana (SOL) and Tron (TRX) are now tradable on its digital stock exchange, Xetra, and the Frankfurt Stock Exchange. The new […]
VanEck and ProShares apply to withdraw Ethereum ETF filings from SEC
Less than two days after submitting separate applications to the U.S. Securities and Exchange Commission, asset managers VanEck and ProShares have seemingly decided not to pursue exchange-traded funds with exposure to Ether. In individual Aug. 20 filings with the SEC, legal representatives of VanEck and ProShares both said the firms had elected not to proceed […]
23 and counting: VanEck and ProShares file for ETH futures ETFs
Two more Ethereum-based exchange-traded funds have been filed this week bringing the total to 23 crypto ETF filings so far in 2021. VanEck and ProShares are the latest two firms to reveal plans for institutional products focused on Ethereum. According to filings with the U.S. Securities and Exchange Commission on Aug. 18, VanEck is seeking […]
VanEck takes new approach with SEC, files for Bitcoin Strategy ETF
Asset manager VanEck is filing for a Bitcoin Strategy exchange-traded fund after it unsuccessfully attempted to launch a similar fund four years ago. According to U.S. Securities and Exchange Commission, or SEC records, VanEck filed a prospectus for a Bitcoin Strategy exchange-traded fund, or ETF, on Aug. 9. Unlike its Bitcoin (BTC) or Ether (ETH) […]