08/09/2018
Despite the markets' negative overreacting to the news that the SEC would delay the exchange traded fund (ETF) decision for VanEck and SolidX, the increasing number of applications should serve as an indicator in and of itself. Established institutional money continues to push for Bitcoin ETFs and they will be coming to fruition soon enough. This will provide investors with an easier, more secure, and more traditional way to invest in Bitcoin; essentially allowing BTC assets to trade as traditional stocks. This will also allow the "big fish" hedge funds and financial entities to invest in Bitcoin within their requirement constraints of regulated markets. For you thrill seekers out there, reach out to us to invest ahead of the masses. Everyone else, keep your ears to the ground as this invest opportunity matures and, eventually, comes to traditional trading platforms.
The SEC is set to make final decisions on nine proposed bitcoin exchange-traded funds (ETFs) in the next two months.