Kryptoin Investment Advisors, a financial services company helmed by Jason Toussaint, re-filed an application with the Securities and Exchange Commission (SEC) on Friday for a Bitcoin ETF.
It’s the asset manager’s second attempt at an ETF, or exchange-traded fund. In October 2019, Kryptoin proposed the “Kryptoin Bitcoin ETF Trust,” which would be listed on NYSE Arca. In today’s re-filing, that’s been changed to Cboe’s BZX Exchange.
Kryptoin’s filing comes during an uptick of applications—and an approval appears increasingly plausible, if not likely. The SEC also announced today that it’s started its review of WisdomTree’s application for a Bitcoin ETF, which the fund manager filed for in March. The SEC is also reviewing a filing from VanEck.
US regulators have yet to approve a Bitcoin ETF, depriving US-based crypto traders of a convenient, retail-friendly investment vehicle for the notoriously volatile asset. There are currently eight pending applications for
Źródło: https://decrypt.co/66059/kryptoin-files-bitcoin-etf-sec-reviews-wisdomtree-proposal
