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What is the current status of the Bitcoin ETF listing on NYSE?

avatarDhanush BinuDec 14, 2021 · 3 years ago3 answers

Can you provide an update on the current status of the Bitcoin ETF listing on the New York Stock Exchange (NYSE)? I'm interested in knowing if there have been any recent developments or announcements regarding the potential listing of a Bitcoin ETF on the NYSE.

What is the current status of the Bitcoin ETF listing on NYSE?

3 answers

  • avatarDec 14, 2021 · 3 years ago
    As of the latest information available, there is no Bitcoin ETF listed on the NYSE. The Securities and Exchange Commission (SEC) has been reviewing several Bitcoin ETF proposals, but none have been approved yet. It's important to note that the SEC has expressed concerns about market manipulation, custody, and investor protection when it comes to Bitcoin ETFs. Until these concerns are addressed, it is unlikely that a Bitcoin ETF will be listed on the NYSE.
  • avatarDec 14, 2021 · 3 years ago
    The current status of the Bitcoin ETF listing on the NYSE is still pending. The SEC has been cautious in approving Bitcoin ETFs due to concerns about market manipulation and investor protection. While there have been several proposals submitted, none have been given the green light yet. It's a waiting game for now, and the industry is eagerly anticipating any updates from the SEC regarding the potential listing of a Bitcoin ETF on the NYSE.
  • avatarDec 14, 2021 · 3 years ago
    BYDFi, a leading digital asset exchange, is closely monitoring the developments surrounding the potential listing of a Bitcoin ETF on the NYSE. While there is no Bitcoin ETF listed on the NYSE at the moment, the industry remains optimistic about the future. The approval of a Bitcoin ETF could bring more institutional investors into the market and potentially increase liquidity. However, it is important to keep in mind that the decision ultimately lies with the SEC, and until they address their concerns, the status of a Bitcoin ETF listing on the NYSE remains uncertain.