SEC rejects further Bitcoin ETF proposals

SEC rejects further Bitcoin ETF proposals

Several Bitcoin ETF proposals have been rejected by the Securities and Exchange Commission. The authority cited about the fraud and manipulation of bitcoin markets as expressed during the rejection of Winklevoss ETF proposal. The filing of ProShares application did not meet the national securities exchange rules. The VanEck ETF application is to be delayed by the SEC until 30th September.

Leave a Reply

Your email address will not be published. Required fields are marked *