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Browse: Home / 2018 / November / 28 / SEC wants key upgrades in crypto markets before approving bitcoin ETF

SEC wants key upgrades in crypto markets before approving bitcoin ETF

By Securities Docket on November 28, 2018, 10:09 am

Cryptocurrency enthusiasts have been eagerly awaiting the approval of what would be the first-ever bitcoin exchange-traded fund, or ETF.

But the man largely behind greenlighting one — Securities and Exchange Commission Chairman Jay Clayton — has a few worries that need to be assuaged before he’s “comfortable” approving the investment vehicle.

The first is a lack of market surveillance.

via SEC wants key upgrades in crypto markets before approving bitcoin ETF.

Posted in SEC, Top | Tagged ETFs

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