The financing round read more. The completed series a financing round now has bitcoin suisse s 2019 pro forma equity totaling around 108 million. Swiss crypto financial services provider bitcoin suisse completes its first financing round of 48 million chf 45 million.
Investing in a bitcoin etf cuts out any issues of complex storage and. A bitcoin etf mimics the price of the digital currency allowing investors to buy into the etf without trading bitcoin itself. The ease of purchasing a bitcoin etf would expose the asset class to several new types of investors with deep pockets that were previously not able to invest in bitcoin such as mutual funds and pension funds for example.
A bitcoin etf is seen as the holy grail for bitcoin as an asset class by many investors. An etf probably still won t happen survey. 2020 won t be the year of a bitcoin etf many people still don t think a bitcoin exchange traded fund etf is possible in 2020.
The wisdomtree bitcoin etp btcw is listed on the six swiss exchange with a total expense ratio ter of 0 95 the. Wisdomtree has become the first established etf provider to enter the cryptocurrency space with the launch of a bitcoin exchange traded product etp. By tom eckett 3 december 2019.
Alexis marinof jason guthrie wisdomtree launches bitcoin etp. News featured in this article. Bitwise first filed their application with the nyse arca on february 15.
Sec securities exchange commission has declared a delay of their verdict on the bitcoin etf proposal bitwise and vaneck filed. Once again the never ending uncertainty surrounding the arrival of bitcoin etf into the crypto market still carries on. Considering the severity and the timespan of the coinciding crypto bear market the desperation for an imminent etf approval comes as no surprise.
For the past year the cryptocurrency media s mood has been swept along on a rollercoaster of bitcoin etf headlines.
Bitcoin etf news. Another bitcoin etf bust. The securities and exchange commission last week issued yet another rejection to a prospective issuer wilshire phoenix for a bitcoin based exchange traded fund the. So if investors cannot lay their hands on a bitcoin etf now. Zacks free fund newsletter will brief you on top news and analysis as well as top performing etfs each week.
Get it free. James angel a professor at georgetown university s mcdonough school of business told cointelegraph we won t see it bitcoin etf on jay clayton s watch meanwhile the sec has a crypto friendly commissioner. Hester peirce often known as crypto mom has been nominated for a second term as an sec commissioner.
Hester peirce often known as crypto mom has been nominated for a second term as an sec commissioner. James angel a professor at georgetown university s mcdonough school of business told cointelegraph we won t see it bitcoin etf on jay clayton s watch meanwhile the sec has a crypto friendly commissioner. Get it free.
Zacks free fund newsletter will brief you on top news and analysis as well as top performing etfs each week. So if investors cannot lay their hands on a bitcoin etf now. The securities and exchange commission last week issued yet another rejection to a prospective issuer wilshire phoenix for a bitcoin based exchange traded fund the.
Another bitcoin etf bust.
