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Bitcoin ETF? A crypto Holy Grail. But don’t expect to see one soon, say experts


Bitcoin prices are on the rise, notwithstanding a recent bout of weakness, but experts interviewed by MarketWatch caution that although it may feel inevitable, an exchange-traded fund backed by a digital-currency may not be seen as quickly as enthusiasts might hope.

“The SEC appears to have a very high bar to clear, tied to market manipulation and custody audit,” Todd Rosenbluth, head of ETF and mutual fund research at CFRA Research told MarketWatch in emailed comments on Friday.

Fresh talk of an ETF backed by a digital asset like bitcoin or an alternative comes amid a surge in institutional interest in the value of the overall complex of virtual assets. The value of digital…


Health Secretary Alex Azar resigning on Jan. 20

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