Bill Barhydt, founder of bitcoin wallet app Abra, says he thinks the SEC will approve an ETF within a year, but only if the right caliber of applicants apply.
Consistent with a rule that allows the SEC’s Chairman and Commissioners to review decisions delegated to its staff, yesterday's bitcoin ETF disapproval order is up for reviewal.
King is focusing his energies as a member of GEAR’s Advisory Board, helping the small startup, still in incubation, to raise funds for the development of green mining technology.
Not three weeks since postponing its decision on five other Bitcoin ETFs, the SEC has decided to delay its decision to approve or reject SolidX Bitcoin Shares until late September.