Cryptocurrency Q&A
When does bitwise's bitcoin ETP trust application hit the Federal Register?
When does bitwise's bitcoin ETP trust application hit the Federal Register?
CryptoVanguard
Fri Jul 19 2024
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7 answers
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As a keen observer in the world of cryptocurrencies and financial markets, I am particularly interested in the latest developments surrounding the Bitcoin ETP Trust application submitted by Bitwise. This application, if approved, has the potential to revolutionize the way investors gain access to and trade in Bitcoin. Given the significance of this milestone, I am keen to know: When does Bitwise's Bitcoin ETP Trust application officially hit the Federal Register, signaling the start of the regulatory review process? This information is crucial for investors, market analysts, and industry stakeholders alike to stay informed and prepared for potential market movements.
7 answers
amelia_jackson_environmentalist
Sun Jul 21 2024
The SEC, the regulatory body overseeing the securities market, had previously published documents seeking public input on bitcoin ETFs last week.
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HanbokGlamourQueenElegance
Sun Jul 21 2024
However, the official review process for such proposals only commences when the respective filings are officially published in the Federal Register.
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CryptoVisionary
Sun Jul 21 2024
This publication is set to occur on the following day, Wednesday, signaling the start of the SEC's formal evaluation of the Bitwise Bitcoin ETP Trust.
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LightWaveMystic
Sun Jul 21 2024
The Bitcoin ETP Trust, proposed by Bitwise, has made its mark in the financial landscape by submitting its application to the Federal Register on Tuesday.
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Alessandro
Sun Jul 21 2024
This significant move comes as the cryptocurrency market eagerly anticipates the potential approval of a bitcoin-based exchange-traded fund (ETF).
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