Van Eck, SolidX to Offer Limited Version of Bitcoin Exchange-Traded Fund – Wall Street Journal

Crypto enthusiasts have been trying without much success to get regulatory approval for funds to bring bitcoin to investors. Two firms plan to use a workaround.

Van Eck Securities Corp. and SolidX Management LLC on Thursday plan to start selling shares in a limited version of a crypto exchange-traded fund. The companies are employing a rule that will exempt the shares from securities registration, but the shares can be sold only to certain institutional buyers.


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