U.S. crypto investors have been waiting for what seems like forever for a Bitcoin ETF, but the Securities and Exchange Commission keeps scowling at their proposals. However, there’s another innovative exchange-traded fund (ETF) proposal sitting on the SEC’s desk, and while it engages solely with traditional markets, it’s nevertheless based on a scheme that observers must admit is a naked marketing ploy. In the works is what’s supposed to be a low-cost ETF that not only slashes fees to the bone but actually pays investors to purchase shares. If the SEC green lights this fund, Bitcoin proponents would rightfully be
The post Bitcoin Backers Should Be Ticked if SEC Approves Negative-Fee ETF appeared first on CCN
source https://www.ccn.com/bitcoin-backers-should-be-ticked-if-sec-approves-negative-fee-etf
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