Proposed “Bitcoin and T-bills” ETF amended and SEC restarts 2 month clock for decision

posted about 2 months ago
The US SEC is again soliciting comments on a proposed ETF based around Bitcoin and Treasury bonds. Investment management firm Wilshire Phoenix and NYSE Arca filed an amendment to their ETF proposal… Coinbase Custody will act as the custodian for the Bitcoin held by the trust.

The amended rule change proposal also seemingly addresses the SEC’s concerns with potential market manipulation, it basically said to look at the most relevant market segments and the market as a whole like the SEC does with the Gold bullion spot and futures market.
Tags: blockchain, bitcoin, news