SEC rejects ARK 21Shares spot Bitcoin ETF application

by Aurelia Butler 1 April 2022, 22:40 149 Views

In a Thursday filing, the SEC rejected a proposed rule change from the Chicago Board Options Exchange, or Cboe, BZX Exchange to list and trade shares of the ARK 21Shares Bitcoin (BTC) ETF. The SEC said the proposed rule change, originally published for comment in the Federal Register in August 2021, would not be “‘designed to prevent fraudulent and manipulative acts and practices” nor “protect investors and the public interest.”

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Source: Cryptocurrency - investing.com

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SEC rejects ARK 21Shares spot Bitcoin ETF application

Strong Job Gains in March Keep a Flame Under the Recovery

As Wall Street banks embrace crypto, high-flying start-ups look to lure top finance talent

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