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Augur Market 0x1a284cb722f9f1850c3eba23253c1c26d1650fda

Will the SEC approve the VanEck/CBOE Bitcoin ETF proposal by the end of August 2018?

This market relates only to the VanEck SolidX Bitcoin ETF proposal for an ETF to be listed on CBOE, currently under consideration by the SEC, with a deadline currently scheduled for 16 August 2018. It does NOT relate to any other Bitcoin ETF proposal or approval (including the Direxion and Proshares Bitcoin ETFs that are also under consideration). The VanEck/SolidX Bitcoin ETF proposal is believed to be the only one proposing investment in the spot market - ie, purchasing and holding actual Bitcoins, as opposed to investing in cash-settled Bitcoin futures like the other proposals, and accordingly, the proposed VanEck ETF is likely to impact the Bitcoin price much more. The Yes condition will be satisfied if the SEC announces approval of the above ETF proposal on its website by the end of 31 August 2018 (Washington DC time). Any other outcome will result in No.

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Expires at
09/01/2018 4:00am

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