US: VanEck Unfazed by Shutdown’s Impact on Bitcoin ETF Application

CCN

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.

image via Shutterstock

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