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VanEck, SolidX Team Up On Bitcoin ETF

TedTed
in The Bullpen
FYI: The race for the first bitcoin ETF is back on. Yesterday, VanEck and financial technology company SolidX announced they are partnering up to list a physically backed bitcoin ETF on the Cboe BZX Equities Exchange; the VanEck SolidX Bitcoin Trust will trade under the ticker symbol “XBTC.” The two firms had each previously attempted to bring bitcoin ETFs to market unsuccessfully. SolidX’s application for a physically backed bitcoin ETF was rejected by the Securities and Exchange Commission in March 2017, while VanEck withdrew its application for a futures-based bitcoin ETF in January of this year.
Regards,
Ted
http://www.etf.com/sections/features-and-news/vaneck-solidx-team-bitcoin-etf?nopaging=1
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