Securities and Exchange Commission Chairman Jay Clayton may feel that his agency is getting closer to approving an index fund tracking cryptocurrencies, but it’s apparently not close enough for the Chicago Board Options Exchange, which just withdrew its application to create a Bitcoin EFT.
-
-
Analyst says bitcoin’s wild June volatility dooms SEC approval of ETFs anytime soon
Arca Chief Investment Officer Jeff Dorman called last month’s price volatility brutal and unprecedented
Arca Chief Investment Officer Jeff Dorman said in a note on July 2 that after a “brutal [June] with unprecedented volatility,” the U.S. Securities and Exchange Commission (SEC) is unlikely to approve cryptocurrency index funds (also known as exchange-traded funds) anytime soon.
-
CryptoCompare starts ranking good, bad, and ugly exchanges
Top 10 cryptocurrency exchanges announced after grading after the data and indices provider studied more than 100 trading platforms worldwide
Calling the cryptocurrency trading business ripe with fraud and manipulation, cryptocurrency data and indices provider CryptoCompare has begun rating the reliability of exchanges.
-
The corner of Wall and Broad Streets is one of the most boring and disappointing places on earth these days but once it was synonymous with finance (via Pixabay)Abra adds other features, but…
App announced this week they will start letting customers make small stock and ETF purchases
On Wednesday, Abra said its app will use the Bitcoin blockchain and smart contracts technologies to support fractional investments in stocks and exchange-traded funds (ETFs). Abra already offers the ability to “invest” in 50 fiat currencies and over 30 cryptocurrencies. This app is also very bad and we really love talking about it.
