players for assets based on the nascent sector. This really is not that big of a deal and has been way overhyped, but we will see what happens next. Another professional based fund and parent company of XBT Provider, Global Advisors Jersey Limited (gajl was the first to create an institutional-grade bitcoin investment strategy, applying professional management. What will be interesting are bitcoin options markets getting approval by the cftc in the form of SEFs and DCOs. Alles ber Steemit hier: m/watch? You can read the official ruling here. Folge mir auf Steemit und untersttze mich mit einem Upvote: m denniskoray. In the future, regulated futures or derivative markets might begin to trade products based on these indexes they say, ignoring many of the finely developed indexes from companies such as TradeBlock (chosen by SolidX for their BTC ETF BitcoinAverage, and others. Accordingly, the Commission disapproves the proposed rule change.".
In the end, who really cares about a bitcoin ETF though, CryptoNinjas believes its much ado about nothing and just would have provided a boon to the Winklevoss twins being first to capitalize on an influx of assets). America is a free market (supposedly) so why wouldnt the SEC not approve of such investment, there are some good reasons why this particular ETF instrument from the Winklevoss was not approved. XBT Provider manages Bitcoin Tracker One and Bitcoin Tracker Euro. The infrastructure of the fund didnt cut the mustard for the SEC. The rule change was disapproved due mostly to the still unregulated nature of bitcoin markets says the regulator and to lack of surveillance agreements, but the SEC left the door open for future approval. Instagramm: m/denniskoray facebook: m/btcinformant/.