Despite such hurdles, interest in creating cryptocurrency-based ETFs is strong, said Laura Morrison, Global Head of Exchange Traded Products at CBOE Holdings Inc's Bats exchange, the would-be listing venue for the bitcoin ETF under review by the SEC.
She said she gets three to five calls a week from prospective issuers wanting to explore cryptocurrency-based ETFs.
"The progress seems slow, there is no doubt about it, but the importance of proper regulation will help to pave this road," she said.
This article was provided by Reuters.