Presentation to the SEC on Why Approve a Bitcoin ETF

Executive Summary: The market for trading Bitcoin has advanced to the point where exchange traded funds holding Bitcoin should be approved. Using CoinRoutes software, we can prove the superiority of the underlying Bitcoin market relative to many commodities ETFs already approved.  The factors compared are: transparency, liquidity, safety, and cost to invest. Holding back approval … Continue reading Presentation to the SEC on Why Approve a Bitcoin ETF

The Case FOR a Bitcoin ETF

(The following was originally published on Coindesk https://www.coindesk.com/the-case-for-a-bitcoin-etf) Issuers have submitted proposal after proposal for a Bitcoin based Exchange Traded Fund (ETF), and the SEC has delayed or rejected each one.  It’s time, however, to ask why and if the SEC’s frustration over not having jurisdiction over crypto-currencies is clouding their judgement.  In my opinion, … Continue reading The Case FOR a Bitcoin ETF

Howey Schmowey – The Real Answer is to Update Securities Regulations

This month there have been two SEC enforcement actions that made headlines in the crypto community. One was the case against messaging platform Kik and their Kin token sale; the other was the action against holding company Longfin. In the first case, while investors lost money, it is unclear that Kik misled them about the … Continue reading Howey Schmowey – The Real Answer is to Update Securities Regulations