VanEck and SolidX Are Waiting for the SEC’s Decision Concerning Their ETF

sec will soon make a decision on physically-backed etfs

The story of Bitcoin ETFs is not over yet. Since admitting that their decision was too quick and not thought out, the SEC has not yet provided any official statements concerning this matter. The fact remains that most of the ETF proposals remain rejected until said otherwise.

However, 2 particular ETF proposals might be a little more lucky than the others. VanEck and SolidX are still waiting for the SEC decision. The main things that distinguishes them among the others is the fact that their funds will actually contain real (physical) Bitcoins, whereas all the rest will just have Bitcoin futures.

You can read more about Bitcoin futures here:

Bitcoin Futures: Simply Speaking, But In Detail

Also, the 2 ETFs supposedly offer better investor protection.

Though, the topic of Bitcoin ETFs has been really popular in the community, most crypto personalities criticized the idea heavily.

We remind you:

Vitalik Buterin Expressed His Opinion on Bitcoin ETF

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