Cryptocurrency, cannabis and eco-conscious investing: What's ahead in 2020 (via ETFEdgeCNBC)
The latest hiccup in issuers' yearslong battle for a bitcoin-based ETF has put a slight hold on cryptocurrencies' entrance into the exchange-traded fund space. Bitwise's top management wrote inin December that the firm remained "committed" to bringing a bitcoin ETF to market that addressed regulators' concerns.
Lydon, who put 60% odds on a bitcoin ETF receiving full SEC approval in 2020, was referring to the Investment Company Act of 1940, which regulates companies that invest or trade securities and sell their own shares to investors. Thewas the first bitcoin-based fund to receive approval via the '40 Act, though, as Lydon noted Monday, it has a $25 million limit on its assets.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Full steam ahead for stocks in 2020Ahead of the 2020 election, Sam Stovall, chief investment strategist at CFRA Research, explains why the performance of the market can predict elections and what that means for investors
Read more »
All you need to know ahead of the 2020 Australian OpenThe first Grand Slam tournament of 2020 gets underway on January 20 in Melbourne with Novak Djokovic and Naomi Osaka looking to defend their titles.
Read more »
Demi Lovato to Sing 'National Anthem' at 2020 Super BowlDemi Lovato's comeback includes a SuperBowlLIV performance!
Read more »
NY Giants Owner Won't Commit To Eli Manning In 2020, 'Everything's Up In The Air'Has Eli Manning played his last down EVER for the New York Giants???
Read more »
Planned Parenthood will spend $45 million in 2020 elections in support of pro-abortion candidatesPlanned Parenthood's super PAC will spend $45 million to support candidates in favor of abortion rights, the largest electoral program of its kind in the pro-abortion group's history.
Read more »
EU trade chief says it's impossible to agree Brexit trade deal in 2020 - Business InsiderThe EU's trade commissioner Phil Hogan says Johnson will not be able to keep his promise to secure a new free trade deal with the EU this year.
Read more »