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2019-10-08 11:58:15

Expect SEC approved Bitcoin ETF soon, says Matt Hougan of Bitwise Investments

Bitcoin ETF (exchange traded fund) is coming, says Bitwise Investment’s Matt Hougan. As per Matt, the Securities and Exchange Commission in the United States has a slightly lenient view of a Bitcoin ETF compared to the 2018’s advanced stand. He feels that the industry is closer than ever to witness the launch of a Bitcoin ETF. Though the SEC is yet to respond to the official proposal submitted by the Bitwise Asset Management regarding launching a Bitcoin ETF, the potential is high. A decision is expected on the proposal latest by October 14. BNY Mellon has been chosen by Bitwise