Top Wall Street Adviser Embraces Bitcoin

A top wall street adviser, Ric Edelman has just thrown his weight behind Bitcoin, the video below explains.     Why is this big news for Bitcoin? Edelman is a respected financial adviser and his firm was voted the no 1 RIA firm in 2018 by Barron’s. At the moment the firm cannot purchase Bitcoin for clients because of SEC restrictions but Edelman believes than a Bitcoin ETF will eventually be approved and this will bring a flood of money into Bitcoin and also into the crypto market as a…

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Will there be SEC approved Bitcoin ETF’s soon?

Exchange Traded Funds, also known as ETF’s, have made headlines in the past couple of years.  The prospect of cryptocurrency ETF’s listed on stock exchanges first started with Gemini and the Winklevoss twins.     The Winklevoss Bitcoin Trust was the first Bitcoin ETF to be filed with the SEC – Securities and Exchange Commission in 2013.  In early 2014, the Bitcoin Investment Trust announced plans to release an over-the-counter Bitcoin ETF. Unfortunately, the SEC denied a request to list an ETF from investors Cameron and Tyler Winklevoss, owners of…

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