There is a new Bitcoin ETF proposal and this time it’s from a Gold Fund veteran. The ETF would focus on stocks and options if approved. The firm that submitted the bid is a Cayman Islands-based firm called Kryptoin. They have filed an initial registration statement with the United States Securities and Exchange Commission (SEC). According to the filing which was made yesterday, the former managing director of the World Gold Council and the portfolio manager behind SPDR Gold stocks another ETF, Kryptoin Investment Advisors has developed another Bitcoin ETF proposal. The ETF is set to follow the Chicago Mercantile Exchange (CME) Bitcoin Reference Rate to reflect the actual market price of Bitcoin. This was one of the issues with the previous proposals as the price would have been governed by multiple exchanges abroad which could be manipulated. If the SEC approves Kryptoin’s Bitcoin ETF proposal, it will be made up of stocks and options, as opposed to the NYSE which focuses mainly stocks. There is still one other ETF being evaluated and the saga continues, who will be the first to win this race? FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next GBP/JPY rebounds back to 140.00, turns positive for the day FX Street 3 years There is a new Bitcoin ETF proposal and this time it's from a Gold Fund veteran. The ETF would focus on stocks and options if approved. The firm that submitted the bid is a Cayman Islands-based firm called Kryptoin. They have filed an initial registration statement with the United States Securities and Exchange Commission (SEC). According to the filing which was made yesterday, the former managing director of the World Gold Council and the portfolio manager behind SPDR Gold stocks another ETF, Kryptoin Investment Advisors has developed another Bitcoin ETF proposal. The ETF is set to follow… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
