The U.S. Securities and Exchange Commission denied yet another Bitcoin ETF proposal, this one from Bitwise.
The SEC has a long history of denying and delaying these proposals, so much so that some now believe it will never happen.
But while the SEC rejection was harsh, the reality is that the Bitcoin markets have made a lot of progress over the past two years.
Here's why we will definitely see a Bitcoin ETF at some point...
The U.S. Securities and Exchange Commission denied yet another Bitcoin ETF proposal, this one from Bitwise.
The SEC has a long history of denying and delaying these proposals, so much so that some now believe it will never happen.
But while the SEC rejection was harsh, the reality is that the Bitcoin markets have made a lot of progress over the past two years.
Here's why we will definitely see a Bitcoin ETF at some point...
Last June, investment management firm VanEck announced it was teaming up with SolidX, a financial services provider, to develop the world's first price-backed Bitcoin ETF.
The news took the crypto community by storm as investors eagerly anticipated Bitcoin's arrival as a serious commodity on Wall Street.
With Bitcoin's erratic price movements plaguing crypto markets, many investors are wondering if they should buy Bitcoin in 2018.
The truth is that even with Bitcoin trading up 64% from last year, it's still a bargain price.
That's because this cryptocurrency has immense potential.
You see, Bitcoin has value in the real world as a method of storing value and making payments.
It's been five years since Cameron and Tyler Winklevoss submitted the first proposal for a Bitcoin ETF to the SEC.
Since then, more than a dozen other Bitcoin ETF proposals have landed at the SEC.
And so far, all have been rejected or delayed.
But the world of cryptocurrency has matured substantially since the Winklevoss ETF was first proposed.
The Winklevoss Bitcoin ETF IPO launch date has not yet been set.
When it occurs depends on whether the SEC approves a rule change that will allow the Winklevoss Bitcoin Trust (the ETF's official name) to begin trading.
What happens with the Winklevoss ETF will determine the fate of two others also awaiting SEC approval.
Here's a look at how likely it is we'll see a Bitcoin ETF IPO in 2017...
The Winklevoss Bitcoin ETF is an exchange-traded fund that will make it much easier to invest in the Bitcoin digital currency.
The Winklevoss Bitcoin Trust still requires SEC approval of a rule change. A decision is expected by March 11.
But if the SEC does approve this Bitcoin ETF, the price of Bitcoin could double in a very short time.
Here's how this ETF will work - and why the SEC could give it the green light...
The SEC has plenty of reasons not to approve the first Bitcoin ETF by next month's deadline. But there's a good chance the agency will surprise everyone and make the first Bitcoin ETF a reality.
Most analysts believe the SEC will turn down the three active bids to become the first Bitcoin ETF, which includes the Winklevoss Bitcoin Trust.
As the Winklevoss Bitcoin ETF enters the home stretch in its bid for SEC approval, its latest filing shows it's doing all it can to convince the agency that its ETF will be a safe investing vehicle.
The latest amendment to the Winklevoss Bitcoin Trust's S-1 filing reveals that it has enlisted two respected partners, financial services company State Street Corp. and accounting firm Burr Pilger Mayer.
The changes in the Winklevoss ETF also had several answers for its critics...
When the first Bitcoin ETF lands - an event that could happen any day now - it will have a dramatic impact on the price of Bitcoin.
The arrival of the first Bitcoin ETF will be a powerful Bitcoin price catalyst because it will mimic other commodity-based ETFs, particularly those based on gold and silver.
Those ETFs were primary factors in the steep rise in gold and silver prices a decade ago.
Here's why a Bitcoin ETF will have the same effect...
Seeing two Bitcoin ETFs seeking regulatory approval, an upstart group has now filed for something even more radical - an Ethereum ETF.
The evidence suggests the group, the EtherIndex Ether Trust, threw together its S-1 filing with the SEC willy-nilly in an effort to be first in line to file for an Ethereum ETF.
But the problems with this ETF proposal run much deeper than that.
Here's why no Ethereum ETF will see the light of day for a very long time...
One Bitcoin ETF is good, but two are better. And now that the SolidX Bitcoin ETF has filed an S-1 with the Securities and Exchange Commission, we could have two Bitcoin ETFs trading on major U.S. exchanges by next year.
The only question now is which one will gain the bragging rights of making it first to the finish line.
And while the Winklevoss Bitcoin Trust is in the lead, this race is closer than you think...
Millions of investors dedicate a portion of their portfolio to gold or some other precious metal as a hedge - as "insurance" - against trouble in other markets.
At its base, this is a sound strategy, because precious metals generally aren't affected by the ups and downs of the stock market.
This isn't a "gold service," however. Our interest is in tech investing. So let's spend today investigating what I think of as "the gold of tech."
Not only can you use this investment as a hedge, but financial players are beginning to eye the technology behind it as way to disrupt the $500 billion payments industry.
In a major piece of Bitcoin news, the Commodity Futures Trading Commission (CFTC) ruled that the digital currency is a commodity.
It's a significant step along the road toward Bitcoin regulation. While some early adopters of Bitcoin would prefer no government involvement with Bitcoin, Bitcoin regulation is necessary for the digital currency to play any meaningful role in the financial system.
Here's what the ruling means for Bitcoin investments...
Looking for the Bitcoin stock symbol is not as straightforward as you might think.
Technically speaking, there's no such thing as a "Bitcoin stock symbol," although there are several tickers associated with Bitcoin.
A rapid-fire string of good news over the past week has help nudge up the price of Bitcoin.
A week ago the Bitcoin price was hovering around $225, somewhat disappointing since just six weeks earlier it was threating to break through the $300 level.
But then we started to get some major positive Bitcoin news. Over the past few days, the Bitcoin price is up about 7%, trading in the neighborhood of $240
