Home / Crypto News / SEC denies Bitcoin ETF filed by BitWise

SEC denies Bitcoin ETF filed by BitWise


Crypto Times 編集部

Crypto Times Editorial Department

Crypto Times editorial department.

The US Securities and Exchange Commission (SEC) denied the Bitcoin ETF that Bitwise had submitted.

In the current BTC market, there are legal requirements to prevent market manipulation and other illegal activities Not satisfied, not only Bitwise's proposal, but also pointed out to NYSE Arca who was jointly submitting with Bitwise It is.

To date, the SEC has rejected all Bitcoin ETF proposals, This is due to market manipulation and fraud concerns.

Last month, VanEck withdrew from the application for the Bitcoin ETF, and the current SEC was rejected by Bitwise. All Bitcoin ETFs reviewed by have been unapproved.

Article source: SEC

Related Articles From the same writer

Popular articles in the same category

Author: Crypto Times Editorial Department – ​​Source Post: http://corneey.com/w46Mc4

Disclaimer: CoinNewsDesk.com is a crypto news portal, financial discussion forum, and content curator / aggregator. Articles on Coin News Desk are provided for entertainment and informational purposes only.We are not an investment advisor and do not provide financial advice.

We can't always review and verify all articles posted on CoinNewsDesk.com.Please independently research and verify any information found here before relying on it as fact.It's also important to do proper due diligence and analysis, including consulting a professional financial advisor, before making any decision regarding investments or your personal finances.No content on Coin News Desk makes up a recommendation to enter in any type of investment or to engage in any investment strategy presented on this website.

About Coin News Desk Team

Leave a Reply

Your email address will not be published.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