UTC-05:00,Saturday , October 19th 2019

Bitwise Official Responds To The Issue That Bitcoin ETF Has Been Denied

20:02 Wednesday , October 09th 2019
According to a crypto reporter Frank Chaparro, Bitwise responds to the news which guarantees that a Bitcoin ETF won't trade on a regulated U.S. equities exchange in 2019.
"Bitwise official response: 1) While we were not able to satisfy the SEC's concerns inside the statutory 240-day review window afforded these filings, and while they have identified the need for additional data and context to interpret our key findings; 2)We are pleased with the progress that the industry has made and believe that, with additional research and continued progress in the broader ecosystem, the remaining concerns and challenges raised in this order will ultimately be satisfied," Frank Chaparro said.