Private Equity Moris Beracha Wuani

By Yogita Khatri A commissioner at the U.S. Securities and Exchange Commission (SEC) believes a bitcoin exchange-traded fund (ETF) will ultimately be approved. Robert J. Jackson Jr., in an interview published by government-focused news source Roll Call on Wednesday, said : “Eventually, do I think someone will satisfy the standards that we’ve laid out there? I hope so, yes, and I think so.” A number of bitcoin ETF proposals have filed for SEC approval, but none has yet got the green light. Jay Clayton, chairman of the SEC) has said he doesn’t see a pathway to a cryptocurrency ETF approval until concerns over market manipulation are addressed. The SEC has to date  rejected at least 10 such proposals. Last August, it turned down  seven filings from ProShares, Direxion and GraniteShares. A day later, though, the regulator said it would review the proposals. In July, the SEC for the second time rejected  Cameron and Tyler Winklevoss’ proposa...

Eustace Cryptus Pantera Capital CEO Dan Morehead believes a Bitcoin-ETF approval is insignificant in comparison to Bakkt and Fidelity launching cryptocurrency trading platforms for institutional investors. Too Early for a Bitcoin ETF, Says Pantera Capital CEO Yesterday, Pantera Capital founder and CEO, Dan Morehead spoke with Messari director of business development and panel moderator Katherine Wu at Bloomberg’s Institutional Crypto Conference.  Pantera Capital has made media waves lately as the firm is one of the first blockchain investment firms and a recent statement to investors floating around Twitter showed the firm’s investment portfolio down 73% on their cryptocurrency investments.  While speaking about the future of cryptocurrency Morehead downplayed the urgency and importance of an exchange-traded fund (ETF) backed by Bitcoin $6473.15 +0.11% . When asked about whether the approval of a Bitcoin ETF and the belief that this would b...