Crypto Tidbits: VanEck Refiles Bitcoin ETF, Wall Street Giant To Launch Custody

Contrary to cynical sentiment touted by skeptics of Bitcoin, crypto isn’t dead in the water. As Mike Novogratz, the founder of leading crypto-centric merchant bank Galaxy Digital, “[there’s] tons of activity under the hood.” Over the past week, VanEck & its fellow hopefuls refiled their Bitcoin exchange-traded fund (ETF) application, while Binance and Fidelity made notable announcements that could eventually drive the adoption of blockchain technologies. Yet, there have been a few shortcomings too.

Crypto Tidbits

  • VanEck, CBOE, SolidX Refile Bitcoin ETF Application: On Thursday, reports arose that VanEck, CBOE, and SolidX Partners refiled their collaborative Bitcoin ETF application to the U.S. Securities and Exchange Commission (SEC), which reopened following a near-five-week government shutdown. It is assumed that the newfound stability of the U.S. government reassured VanEck that its Bitcoin investment vehicle proposal could see approval, catalyzing the document’s resubmission….

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2019-02-02 18:00:11

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