Cryptocurrency
Bitcoin ETF Coming Soon: Crypto Fund Manager via @CryptoCoinsNews
As reported by CryptoCoinsNews, “John Hyland, the global head of exchange-traded products for Bitwise Asset Management, told ETF.com he believes the Securities and Exchange Commission could soon approve a cryptocurrency ETF. “Hyland, who played a key role in developing the first commodity and oil ETFs in his role as CIO at United States Commodity Funds, hopes to introduce some of […]
As reported by CryptoCoinsNews, “John Hyland, the global head of exchange-traded products for Bitwise Asset Management, told ETF.com he believes the Securities and Exchange Commission could soon approve a cryptocurrency ETF.
“Hyland, who played a key role in developing the first commodity and oil ETFs in his role as CIO at United States Commodity Funds, hopes to introduce some of the first crypto ETFs. Last year, Bitwise opened a private cryptocurrency fund…
“…Once the SEC approves the first crypto ETF, Hyland said more such products will come to market since there will be no grounds for not approving similar products. Those with similar products will be approved in a similar time frame.”