The Securities and Exchange Commission (SEC) has
reportedly dismissed several applications by asset managers to launch
spot Bitcoin Exchange-Traded Funds (ETFs). According to sources who shared
information with the Wall Street Journal on Friday, the agency termed the
applications as neither sufficiently clear nor comprehensive.Specifically, the SEC
commented about the applications filed by Nasdaq and Cboe Global Markets on
behalf of the asset managers…
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Previous ArticleBTC Spot ETFs Rejected by SEC; Applications Lack Clarity