VanEck Exec Calls Out SEC On Options Trading For Bitcoin ETF
Asset management firm VanEck has spoken against the visible trend of delaying decisions on Bitcoin ETF amendments and other crypto ETF applications by the United States Securities and Exchange Commission (SEC). To compound these delays, the regulator is not sharing relatable feedback with the community. Drawing on this, Matthew Sigel, VanEck’s Head of Digital Assets Research, has called out the regulator, saying investors deserve better than the silence. VanEck Bitcoin ETF Product Delay At first, Sigel pointed out on X that the SEC has delayed ruling on CBOE’s 19b-4 filing to list options on VanEck Bitcoin ETF with the ticker symbol ‘HODL.’ This is also the case with the delay its proposed In-Kind creations and redemption for the same spot Bitcoin ETF offering. Per Sigel X’s post, whenever the regulator announces such delays, it barely explains the reason behind the action. He tagged Hester Peirce, who leads the Crypto Task Force,… Read More at Coingape.com
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