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Learning & News => News related to Crypto => Topic started by: Paha87 on January 16, 2020, 02:33:16 AM

Title: Bitwise has withdrawn its application for the legalization of bitcoin ETFs
Post by: Paha87 on January 16, 2020, 02:33:16 AM

(https://storage.googleapis.com/telesite-prod/photos/fa9cc640-3793-11ea-b1b8-838f5dd9980c.jpeg)

Bitwise Asset Management, which had previously sought to legalize the launch of a bitcoin ETF (an exchange-traded Fund based on bitcoin), said it had withdrawn the application. This was announced by the head of the company's research Department Matt Hougan:

"We did withdraw the application, but we plan to re-submit the request when the time comes."

The document that Bitwise sent to the SEC States that the move is aimed at " meeting the public interest and protecting investors." However, the company also said that it will also promote the interests of launching a bitcoin ETF.

The original article here -  https://coinpost.ru/p/kompaniya-bitwise-otozvala-zayavku-na-legalizaciyu-bitkoin-etf