Afshin Sazegar | Bitcoin ETF comes through the back door - later this week ?!


Afshin Sazegar | Bitcoin ETF comes through the back door - later this week ?!

Afshin Sazegar | The decision of the US Securities and Exchange Commission on the approval of Bitcoin ETFs has been pending for months. The asset managers SolidX and VanEck are now tired of patience: They want to bring a product through the back door at the start - and this week as the two companies announced on Tuesday, should share in a limited version of the planned Bitcoin ETFs from Thursday (5 September) to institutional investors such as hedge funds or banks. This is made possible by an exemption from the US Securities and Exchange Commission, which permits the sale of privately placed securities to "qualified institutional buyers" even without prior registration by the authorities.


Afshin Sazegar

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