SEC rejects Skybridge's application for spot Bitcoin ETF

by Aurelia Butler 20 January 2022, 19:00 99 Views

In a Thursday filing, the SEC rejected a proposed rule change from the New York Stock Exchange, or NYSE, Arca to list and trade shares of the First Trust SkyBridge Bitcoin ETF Trust. 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.”

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Source: Cryptocurrency - investing.com

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SEC rejects Skybridge's application for spot Bitcoin ETF

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