BREAKING: Grayscale launches legal challenge to Bitcoin spot ETF rejection
A similar decision was also made on Wednesday regarding Bitwise’s Bitcoin exchange-traded product (ETP) citing the same reasons. Go to Source Powered by WPeMatico
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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 … Read more