Bitcoin ETF: SEC Receives 84% Negative Feedback on Application

2019-3-19 03:20

The industry’s enthusiasm for a Bitcoin ETF (exchange-traded fund) appears to be waning — if you judge that by the dearth of new comment letters to the Securities and Exchange Commission in support of the investment vehicle.

The SEC received just seven comment letters from the public in response to a solicitation for feedback it had requested in February 2019. Of those, six urged the agency to reject the application. (That’s around 84%. ) Commenter: Bitcoin ‘Is Volatile, Manipulated’ Dina Pinto wrote: “It is in my opinion that Bitcoin to date has no solid ground on which to base a serious

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Bitcoin slips below $67k as ETF outflows curb risk appetite

Key takeaways BTC is down 2%, erasing the recovery earlier this week, US-listed spot ETF recorded an outflow of $173.73 million on Wednesday, breaking its two days of inflow this week. Bitcoin faces continued losses amid weaker institutional demand Bitcoin (BTC) prices continued to decline on Thursday, trading below $67,000, almost completely erasing the recovery […] The post Bitcoin slips below $67k as ETF outflows curb risk appetite appeared first on CoinJournal.

2026-4-3 14:28