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CNBC Television
CNBC Television
08 October 2019 · 0 min read
The SEC's Final Bitcoin ETF Ruling Is On Deck
Before October 13, the U.S. Securities and Exchange Commission will either approve or disapprove a bitcoin-based exchange-traded fund (ETF) from Bitwise Investments. “We’re closer than we’ve ever been before to getting a bitcoin ETF approved,” admits Bitwise's head of research Matt Hougan. “Sometime before Monday, the SEC has to give its decision: yes or no. They have no more ways to postpone it at this point,” he adds.
Watch Matt Hougan of Bitwise Investments, Reginald Browne of GTS and Tom Lydon of ETFTrends.com talk the Securities and Exchange Commission's upcoming ruling on a long-awaited bitcoin ETF.
Learn more: Why US BTC ETFs Matter if ‘No One Cares’ About European ETNs and ETPs