Bitcoin 

CBOE Withdraws VanEck, SolidX Bitcoin ETF Proposal From SEC Review

The Chicago Board Options Exchange’s (CBOE) BZX Equity Exchange has withdrawn its proposal before the U.S Securities and Exchange Commission (SEC) VanEck/SolidX Bitcoin (BTC) exchange-traded fund (ETF). SEC faced Oct. 18 deadline On Sept. 17, the SEC published a notice that the CBOE had withdrawn its application for the VanEck/SolidX Bitcoin ETF on Sept.13. Although no reason was given, the decision to withdraw the proposal came just weeks after the firm began offering a limited Bitcoin ETF for institutions. The SEC had already delayed a decision on the matter, but…

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Bitcoin 

VanEck, SolidX to Offer Limited Bitcoin ETF for Institutions Via Exemption

Following another delay on Bitcoin exchange-traded funds (ETFs), asset managers VanEck and SolidX plan to sell a limited version of a Bitcoin ETF. VanEck Securities and SolidX Management want to start selling shares in a limited version of a crypto ETF, employing a rule that exempts the shares from securities registration, while shares can be sold only to certain institutional investors, The Wall Street Journal reports Sept. 3.  VanEck, SolidX Bitcoin ETF launching Sept. 5 According to the report, the investment management firms are planning to start selling on Sept.…

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Bitcoin 

VanEck, SolidX Make Case for Bitcoin ETF at Latest Meeting With US SEC

The U.S. Securities and Exchange Commission (SEC) has published a memorandum Nov. 28 of the latest meeting regarding a Bitcoin (BTC) exchange-traded-fund (ETF) proposal. The application was originally brought to the commission by U.S. investment firm VanEck and blockchain software and financial services company SolidX. According to the memorandum, representatives from VanEck and SolidX, as well as from the Chicago Board Options Exchange (CBOE) met with members of the SEC’s Division of Corporation Finance, Division of Trading and Markets, Division of Economic and Risk Analysis and Office of General Counsel…

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