Today news
About the same in other media
SEC rejects WisdomTree's application for spot Bitcoin ETF
Reading now: 356
The United States Securities and Exchange Commission, or SEC, has officially disapproved asset manager WisdomTree’s spot Bitcoin (BTC) exchange-traded fund (ETF) after deferring on a decision several times this year.
According to a Wednesday filing, the SEC rejected a proposed rule change from the Cboe BZX Exchange to list and trade shares of WisdomTree’s Bitcoin Trust. Specifically, the SEC said any rule change in favor of approving the ETF would not be “‘designed to prevent fraudulent and manipulative acts and practices” nor “protect investors and the public interest.”
The SEC concluded that BZX had not met the requirements of listing a financial product under its rules in addition to the Exchange Act, saying the BTC ETF proposed would not
Read more on cointelegraph.comAbout this in other media
Rishi Sunak forced to return to UK for crisis talks with business theguardian.com /2 years ago
Labour tells Rishi Sunak to fly back from California to help Covid-hit businesses theguardian.com /2 years ago
WisdomTree amends Bitcoin ETF application, naming US Bank as custodian cointelegraph.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
