Tag Archives: etf

Cboe Prods SEC on Bitcoin ETF Approval in New Letter

Cboe Prods SEC on Bitcoin ETF Approval in New Letter

A senior executive for Cboe Global Markets believes that the market could support the launch of a bitcoin exchange-traded product (ETP), according to a new letter sent to the U.S. Securities and Exchange Commission. Chris Concannon, the firm’s president, didn’t directly push the agency to approve such a product. Rather, he cited data collected by the company […]

‘Secretive’ Wall Street Firm Includes Bitcoin In Its Traded Assets

‘Secretive’ Wall Street Firm Includes Bitcoin In Its Traded Assets

Trading firm Jane Street Capital, which reportedly trades an average of $13 bln daily in equities across the globe, has included Bitcoin (BTC) in its traded assets, Business Insider reported today, March 17. A statement from the company reads: “Jane Street trades over 56,000 products globally across a wide variety of asset classes, including Bitcoin.” Unnamed sources told Business Insider […]

Canadian Regulators Approve Country’s First Blockchain ETF

Canadian Regulators Approve Country’s First Blockchain ETF

The Ontario Securities Commission has approved Canada’s first blockchain exchange-traded fund (ETF), which is set to launch on the Toronto Stock Exchange next week. Harvest Portfolios, an independent Canadian investment management company, filed the preliminary paperwork for its Blockchain Technologies ETF (ticker: HBLK) in January, seeking to provide Canadian investors with the opportunity to buy […]

Bitcoin ETF Proposals Withdrawn After SEC Pushback

Bitcoin ETF Proposals Withdrawn After SEC Pushback

Several firms seeking to list exchange-traded funds (ETFs) tied to bitcoin have withdrawn their filings at the request of officials from the U.S. Securities and Exchange Commission. Direxion Shares ETF Trust, Exchange Listed Funds Trust and ProShares Trust all filed to create exchange-traded products in the past month. Yet notably, none of the proposed offerings would have held bitcoin […]

What Comes After the Futures? The Next Chapter for Bitcoin

What Comes After the Futures? The Next Chapter for Bitcoin

On the ninth anniversary of Satoshi Nakamoto’s white paper, one of the world’s most respected derivatives providers, the CME Group, announced it would launch a regulated bitcoin futures market. Not to be understated, this was a pivotal moment in bitcoin’s history, and quite simply, the future has never been brighter. It’s safe to say that 2017 has […]

Industry Executives Think a Bitcoin ETF Is on Its Way

Industry Executives Think a Bitcoin ETF Is on Its Way

Bitcoin exchange-traded funds are coming, helped by the emergence of derivatives on the digital currency, according to industry executives. Don Wilson, founder of Chicago-based trading powerhouse DRW Holdings LLC, said on a panel at the Futures Industry Association annual conference in Chicago that it seemed obvious that futures and options will lead to an ETF. […]

New Bitcoin ETF Effort Launched by Money Management Firm

New Bitcoin ETF Effort Launched by Money Management Firm

A US-based money manager wants to launch an exchange-traded fund (ETF) tied to the price of bitcoin. VanEck, which is headquartered in New York, is seeking to create the “VanEck Vectors Bitcoin Strategy ETF”. The goal, SEC filings reveal, is to have the ETF listed on the Nasdaq exchange. According to a preliminary prospectus published on August […]