• New York Digital Investment Group seeks Bitcoin ETF
    Bitcoin,  Regulation

    New York Digital Investment Group seeks Bitcoin ETF approval

    The Bitcoin-focused firm’s filing, which includes a partnership with Morgan Stanley, comes as Canada approved two Bitcoin ETFs in a week

    NYDIG’s U.S. application with the SEC joins others by investment firm VanEck, which filed on Dec. 30, and the Feb. 5 filing by bitcoin fund manager Valkyrie Digital Assets. The three U.S. applications are just the latest step in a years-long and so far useless battle by bitcoin proponents to launch an ETF in the U.S. But with anti-bitcoin SEC Chairman Jay Clayton replaced by a new, crypto-knowledgeable acting SEC chairman in Gary Gensler, many believe that is about to change.