nice-To The Moon - Tiger Brokers Online Investing Community

Like
Comment
Favorite

HuiHong
2021-06-17

nice

SEC Delays Ruling on Bitcoin ETF in Blow to Crypto Traders

Agency says it’s seeking additional comment on Cboe proposal Decision dashes investors’ hopes for qu

SEC Delays Ruling on Bitcoin ETF in Blow to Crypto Traders

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

Top
Latest

No comments yet

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":163792339,"tweetId":"163792339","gmtCreate":1623892875121,"gmtModify":1703822711250,"author":{"id":3556146747015641,"authorId":3556146747015641,"authorIdStr":"3556146747015641","name":"HuiHong","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":0,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>nice</p></body></html>","htmlText":"<html><head></head><body><p>nice</p></body></html>","text":"nice","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/163792339","repostId":1135886840,"repostType":4,"repost":{"id":"1135886840","pubTimestamp":1623891061,"share":"https://www.laohu8.com/m/news/1135886840?lang=&edition=full","pubTime":"2021-06-17 08:51","market":"fut","language":"en","title":"SEC Delays Ruling on Bitcoin ETF in Blow to Crypto Traders","url":"https://stock-news.laohu8.com/highlight/detail?id=1135886840","media":"Bloomberg","summary":"Agency says it’s seeking additional comment on Cboe proposal\nDecision dashes investors’ hopes for qu","content":"<ul>\n <li>Agency says it’s seeking additional comment on Cboe proposal</li>\n <li>Decision dashes investors’ hopes for quick SEC approval</li>\n</ul>\n<p>U.S. regulators have once again punted their decision on whether to approve a Bitcoin ETF.</p>\n<p>The Securities and Exchange Commission said in a Wednesday regulatory&nbsp;filing&nbsp;that it will seek more public comment on a proposal to list a product on Cboe Global Markets Inc. It’s not the first time this year that the SEC has delayed giving an answer to the legions of crypto advocates pushing for a way to trade the largest cryptocurrency in an exchange-traded fund format.</p>\n<p>Crypto enthusiasts have long been frustrated by the agency’s reluctance to sign-off on a Bitcoin ETF, a product that could catapult the world’s most valuable digital token into the mainstream among institutional investors.</p>\n<p>There were predictions earlier this year that the regulator would be more receptive under SEC Chair Gary Gensler, who once taught classes on digital assets at the Massachusetts Institute of Technology. But since he took the reins in April, the agency has continued to express concerns that crypto exchanges lack oversight. And it has laid out fresh warnings about the risks of mutual funds investing in Bitcoin futures.</p>\n<p>As part of Wednesday’s announcement, the SEC asked the public to weigh in on aspects of the Cboe proposal, which seeks approval of a VanEck Associates Corp. ETF. The SEC set deadlines into July and perhaps even August for people to respond. Here are some of the agency’s key questions:</p>\n<ul>\n <li>Whether the trust and shares associated with the ETF would be susceptible to manipulation?</li>\n <li>Whether Cboe’s plan is setup toprevent fraud and manipulation?</li>\n <li>How transparent is Bitcoin?</li>\n <li>Has regulation of the Bitcoin market changed substantially in the past five years?</li>\n <li>What views do commentators have on the size and regulation of CME’s Bitcoin futures contracts?</li>\n</ul>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SEC Delays Ruling on Bitcoin ETF in Blow to Crypto Traders</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSEC Delays Ruling on Bitcoin ETF in Blow to Crypto Traders\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 08:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-16/sec-seeks-more-comment-on-vaneck-bitcoin-etf-delaying-decision?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Agency says it’s seeking additional comment on Cboe proposal\nDecision dashes investors’ hopes for quick SEC approval\n\nU.S. regulators have once again punted their decision on whether to approve a ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-16/sec-seeks-more-comment-on-vaneck-bitcoin-etf-delaying-decision?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-16/sec-seeks-more-comment-on-vaneck-bitcoin-etf-delaying-decision?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135886840","content_text":"Agency says it’s seeking additional comment on Cboe proposal\nDecision dashes investors’ hopes for quick SEC approval\n\nU.S. regulators have once again punted their decision on whether to approve a Bitcoin ETF.\nThe Securities and Exchange Commission said in a Wednesday regulatory filing that it will seek more public comment on a proposal to list a product on Cboe Global Markets Inc. It’s not the first time this year that the SEC has delayed giving an answer to the legions of crypto advocates pushing for a way to trade the largest cryptocurrency in an exchange-traded fund format.\nCrypto enthusiasts have long been frustrated by the agency’s reluctance to sign-off on a Bitcoin ETF, a product that could catapult the world’s most valuable digital token into the mainstream among institutional investors.\nThere were predictions earlier this year that the regulator would be more receptive under SEC Chair Gary Gensler, who once taught classes on digital assets at the Massachusetts Institute of Technology. But since he took the reins in April, the agency has continued to express concerns that crypto exchanges lack oversight. And it has laid out fresh warnings about the risks of mutual funds investing in Bitcoin futures.\nAs part of Wednesday’s announcement, the SEC asked the public to weigh in on aspects of the Cboe proposal, which seeks approval of a VanEck Associates Corp. ETF. The SEC set deadlines into July and perhaps even August for people to respond. Here are some of the agency’s key questions:\n\nWhether the trust and shares associated with the ETF would be susceptible to manipulation?\nWhether Cboe’s plan is setup toprevent fraud and manipulation?\nHow transparent is Bitcoin?\nHas regulation of the Bitcoin market changed substantially in the past five years?\nWhat views do commentators have on the size and regulation of CME’s Bitcoin futures contracts?","news_type":1},"isVote":1,"tweetType":1,"viewCount":189,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}