BlackRock questioned the SEC’s preference for the 1940 Act that oversees futures ETFs, and argued that it lacks relevancy to both crypto-spot and crypto-futures ETFs.
Category: Futures ETF
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SEC Rejects Vaneck Bitcoin Spot Market ETF Over Price Manipulation Concerns
On Friday, November 12, the U.S. Securities and Exchange Commission (SEC) rejected Vaneck’s bitcoin spot market exchange-traded fund (ETF). The U.S. regulator noted that the denial was due to the lack of prevention toward “fraudulent and manipulative acts and practices.” SEC Turns Down Spot Market ETF – US Regulator Believes There Should be More Manipulation […]Powered by WPeMatico
Vaneck Files for Bitcoin Futures ETF Following SEC Chair’s BTC Futures Regulation Statements
Following a number of statements this week from the U.S. Securities and Exchange Commission’s (SEC) Gary Gensler, wealth management firm Vaneck has filed for a bitcoin futures exchange-traded fund (ETF). Vaneck Files for a Bitcoin Futures-Focused Fund Called the Bitcoin Strategy ETF On August 10, the wealth manager Vaneck filed an application with the SEC […]Powered by WPeMatico