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SEC rejects VanEck’s spot Bitcoin ETF as BTC price falls below $63K
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The U.S. Securities and Exchange Commission, or SEC, has officially disapproved asset manager VanEck’s spot Bitcoin exchange-traded fund months after the firm submitted its application.
According to a Nov. 12 filing, the SEC rejected a proposed rule change from the Cboe BZX Exchange to list and trade shares of VanEck’s Bitcoin (BTC) 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
Read more on cointelegraph.comAbout this in other media
Invesco launches spot Bitcoin ETP on Deutsche Borse cointelegraph.com /3 years ago
Bitcoin offers 'Black Friday deal' with sub-$55K BTC price — just like 2020 cointelegraph.com /3 years ago
Bitcoin ‘solidifies’ support at $58K as BTC price volatility hits 7-month low cointelegraph.com /3 years ago
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