What is the current status of OTC Bitcoin ETF?

3 answers

• Nov 24, 2021 · 3 years ago
  The current status of the OTC Bitcoin ETF is still pending regulatory approval. The Securities and Exchange Commission (SEC) has not yet made a decision on whether to approve or reject the ETF. The OTC Bitcoin ETF aims to provide investors with exposure to Bitcoin through a regulated and traditional investment vehicle. However, due to concerns over market manipulation, custody, and investor protection, the SEC has been cautious in approving any Bitcoin ETF. It is important to note that the OTC Bitcoin ETF is different from the Bitcoin ETFs traded on major exchanges like Binance or BYDFi. The OTC Bitcoin ETF is designed for institutional investors and is traded over-the-counter, while the Bitcoin ETFs on exchanges are available to retail investors and trade on the exchange platform.
  792396
• Nov 24, 2021 · 3 years ago
  The OTC Bitcoin ETF is currently awaiting regulatory approval from the SEC. The ETF is designed to provide institutional investors with exposure to Bitcoin without the need to directly hold the cryptocurrency. The OTC Bitcoin ETF is expected to offer a more regulated and secure way for institutional investors to invest in Bitcoin. However, the SEC has expressed concerns about market manipulation and investor protection, which has delayed the approval process. It is important to note that the OTC Bitcoin ETF is not the same as the Bitcoin ETFs available on exchanges like Binance or BYDFi. The OTC Bitcoin ETF is specifically designed for institutional investors and is traded over-the-counter, while the Bitcoin ETFs on exchanges are accessible to retail investors.
  771257
• Nov 24, 2021 · 3 years ago
  The current status of the OTC Bitcoin ETF is still pending regulatory approval. The ETF is designed to provide institutional investors with exposure to Bitcoin through a regulated and traditional investment vehicle. The OTC Bitcoin ETF is expected to offer a more secure and transparent way for institutional investors to invest in Bitcoin. However, the SEC has raised concerns about market manipulation and investor protection, which has delayed the approval process. It is important to note that the OTC Bitcoin ETF is not the same as the Bitcoin ETFs available on exchanges like Binance or BYDFi. The OTC Bitcoin ETF is specifically designed for institutional investors and is traded over-the-counter, while the Bitcoin ETFs on exchanges are accessible to retail investors.
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