To that end, Gabor told Fox News:
“I’m not sure how close we are [to the permit], but we’re as close as we can get. For me it is very clear that America wants a Bitcoin ETF and we are here to release it. We are currently waiting for regulatory feedback and hope we get it approved. ”
SolidX Bitcoin ETF: insured and physically backed
The SolidX Bitcoin ETF should be physically backed up and insured. The minimum deposit is 25 BTC (around $ 140,000 at the current BTC rate). As Gabor further emphasized in the interview, the template for the asset class is exactly adapted to the US regulatory conditions:
“He [Bitcoin ETF] meets all the conditions that a commodity investment must meet. […] We have the right facilities and the right market structure – it’s time to give America what it wants. “
He also holds bitcoin for digital gold:
“We should not miss the connection to the new financial system. America was a leader in building the most robust financial market [the world]. […] I believe that Bitcoin and other digital assets play an important role in it. We have to take this seriously and integrate it into the financial markets. “
The whole interview is here:
image by shutterstock
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