Amidst the continuous rejections of the Bitcoin ETF, the U.S. Securities and Exchange Commission (SEC) offered 9 bitcoin ETF another life-line by re- reviewing their proposals, including SolidX-VanEck ETF application. A ray of hope of impending bitcoin ETF was established when SEC released a memorandum of its meeting with the VanEck, SolidX, and representatives from the Chicago Board Options Exchange (Cboe). Let’s dig a little deeper into the revelations made by the memorandum.
As reported yesterday, the memorandum released by the agency, Pro-crypto Commissioner Elad Roisman shares some details about the meeting she had with the representatives of SolidX, VanEck, and CBOE. VanEck and SolidX have been on the firing line of rejection by SEC, since their first filing for listing on the New York Stock Exchange in 2016. The most recent Bitcoin ETF proposal currently awaits judgment, as the SEC re-reviews and seeks additional input.
Read more: UAE Government To Legalize ICO’s In 2019 And Accept Cryptocurrencies As Securities
