Nothing quite captures the excitement of bitcoin like a proposed exchange-traded fund.
I mean, just say it out loudBitcoin ETF. It's sexy, right? And if public comments submitted to the Securities and Exchange Commission in favor of the latest would-be fund are any indication, it's also goddamn lit.
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But before this party pops off, some background: As Coindesk reported in late June, the SEC is considering allowing the creation of a bitcoin ETF. The fund, the brainchild of investment firm VanEck and blockchain startup SolidX, would allow futures exchange Cboe BZX Exchange, Inc. to list and trade SolidX Bitcoin Shares. Read more...More about Bitcoin, Sec, Cryptocurrency, Tech, and Other