Less than a month after delaying a decision on a bitcoin-based exchange-traded fund (ETF), the U.S. Securities and Exchange Commission (SEC) is poised to approve or disapprove another pair of proposed ETFs.
Delayed decision postpone in the September.
What happened with #gold when it was first introduced by ETFs
Up until Wednesday, all eyes were watching for a final decision on two futures-backed bitcoin ETF proposals set to be listed on the New York Stock Exchange (NYSE) and created by #ProShares.
However, the resulting decision not only shot down ProShares' twin proposals, but five others like it by Direxion and another two by GraniteShares, with the latter to be listed on the Chicago Board Options Exchange (Cboe).
Great toughts on the topic by not a professional financial adviser
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ETF Gold Assets vs price
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