After weeks of waiting, VanEck’s Bitcoin Strategy ETF (XBTF) finally began trading on the Chicago Board of Exchange and on its first day had a trading volume of $4.6 million paling significantly against other similar ETFs that began trading last month. VanEck’s ETF has a slow start to life Data from investing.com revealed that shares…
On November 12th, the United States’ Security and Exchange Commission (SEC) has again rejected VanEck’s Bitcoin spot ETF application citing a number of reasons including the need to protect investors from the volatile nature of the flagship digital asset. SEC rejects VanEck again Crypto enthusiasts had hoped that the leading financial regulator was going to…
On the heels of ProShares historic trading of the first Bitcoin futures exchange-traded fund (ETF) on the New York Stock Exchange (NYSE) yesterday, available information has shown that VanEck has also gotten approval from the Securities and Exchange Commission (SEC). VanEck Bitcoin ETF to begin trading next week According to a filing made by the…