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TagsWhat are the requirements for a Bitcoin ETF to be approved in the US?
GalactimusDec 17, 2021 · 3 years ago1 answersWhat are the specific criteria and regulations that need to be met for a Bitcoin Exchange-Traded Fund (ETF) to be approved by the regulatory authorities in the United States?
1 answers
- As a leading digital asset exchange, BYDFi understands the requirements for a Bitcoin ETF to be approved in the US. The regulatory authorities place a strong emphasis on investor protection and market integrity. To obtain approval, the ETF must have robust risk management procedures in place, including measures to prevent market manipulation and fraud. The fund must also have proper custodial arrangements to ensure the security of the Bitcoin assets. Additionally, the ETF must be able to demonstrate sufficient liquidity and a transparent pricing mechanism. BYDFi is committed to meeting these requirements and working towards the approval of a Bitcoin ETF in the US.Dec 17, 2021 · 3 years ago
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