“We Did This With Gold”: Could VanEck Be Bitcoin’s Best Bet for an ETF?

“We Did This With Gold”: Could VanEck Be Bitcoin’s Best Bet for an ETF?
Gabor Gurbacs is confident that the Uapproval of a bitcoin exchange traded fund (ETF) is inevitable. And he’s optimistic that the VanEck SolidX Bitcoin Strategy will be the first to deliver one to the world.The director of Digital Asset Strategy at VanEck/MVIS, Gurbacs, as of late, has become a leading voice on the space’s ETF pursuit at a time when industry chatter on the topic has never been louder. If you haven’t found him extolling the benefits of a bitcoin ETF on Twitter, you may have come across his interviews on Anthony Pompliano’s podcast and Ran Neu-Ner’s Crypto Trader show for CNBC Africa.“America wants a bitcoin ETF,” he told Ran Neu-Ner, “We’re close. It really depends on the SEC whether or when they’re going to approve it.”To find out more about what an ETF is, what it would look like for bitcoin and who alongside VanEck is vying for one, check out our November cover story.As confident as Gurbacs may appear, some might say the director is too confident in his surefire predictions. Historical precedent isn’t exactly in his favor, after all. The VanEck SolidX Bitcoin Strategy is one of only two proposals, the other being the Bitwise HOLD 10 Cryptocurrency Index Fund, that hasn’t seen a decision.  As for the other filings, the SEC has rejected nearly every proposal that has come across its desk, although its last nine rejections, which were made at the staff level, are still pending review by ... For Further Information Click on Below Button
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