REX Bitcoin Strategy ETF and REX Short Bitcoin Strategy ETF, as well as VanEck Vectors Bitcoin Strategy ETF, File Bitcoin ETF Applications in Wake of CBOE Futures Launch
All Eyes Turn to SEC.
The creation of the first Bitcoin ETF would be a historic moment for mainstream cryptocurrency adoption, as it would make bitcoin-linked investment products more easily accessible to retail investors who desire to invest in bitcoin through their brokerage and retirement accounts. It would also likely add more fuel to the bitcoin price’s record rampage as it heads into 2018.
However, it is not clear to what extent — if any — the market has already priced an ETF into the general upswing surrounding the futures launch. Consequently, it is possible that an SEC rejection could move the markets into bearish territory.
Please follow the link to the full article:
https://www.cryptocoinsnews.com/two-firms-file-bitcoin-etf-applications-wake-cboe-futures-launch/
We are right in the Mass Adaption Phase of Cryptocurrencies. Wont take long for the first ETFs to erupt. I am calculating with Cryptocurrencies as a totally new and widespread accepted Asset Class.
I agree. Ethereum, Litecoin, Dash, and BCH could be next.
Not sure about BCH, but Litecoin for sure, Monero, Dash and ETH are strong buys for me
i like bitcoin
I like Bitcoin Cash better :)