Investment manager VanEck remains confident about its bitcoin ETF application, despite the US government shutdown. Why? Because the firm believes it has laid a robust foundation for the VanEck/SolidX Bitcoin ETF to eventually win SEC approval. “I have done everything I can to build the right market structure for Bitcoin and digital assets,” VanEck’s director of asset strategy, Gabor Gurbacs, told CCN on Twitter. The Securities and Exchange Commission has placed a hold on all administrative functions due to the ongoing shutdown, according to a Jan. 16 statement.
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