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The SEC rejects the latest bitcoin ETF proposal


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2018 Jul 28, 9:11am   1,762 views  2 comments

by Onvacation   ➕follow (4)   💰tip   ignore  

"The SEC has continued to push back on the idea of a digital-asset-related ETF, citing concerns over liquidity, price manipulation and custody — the security of the underlying asset."
https://www.marketwatch.com/amp/story/guid/2F679DC0-911C-11E8-9FFD-EE376779296F

Can anyone tell me what the "underlying asset" of bitcoin is?

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1   FortWayne   2018 Jul 28, 9:13am  

Underlying asset = nothing

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