News/SEC Rejected Joint Effort by Ark Invest and 21Shares to List Spot Bitcoin ETF

SEC Rejected Joint Effort by Ark Invest and 21Shares to List Spot Bitcoin ETF

Jan 27,2023,15:12

The SEC said the Cboe BZX Exchange (on which the ETF would be listed) had failed to demonstrate that its proposal is consistent with the requirements surrounding prevention of fraud and other malevolent practices.

The SEC has rejected a score of applications for an ETF investing directly in Bitcoin, but has approved a number of funds tracking the Bitcoin futures market.

Previously, Ark Invest and 21Shares to list a spot Bitcoin ETF in the U.S. was rejected in April.

Source
Disclaimer: This platform includes third party opinions. We do not endorse their accuracy. Digital asset prices can be volatile. Do your own insights. See full terms here
LastBinance Will Perform Wallet Maintenance for Tron Network ($TRX)Binance Will Perform Wallet Maintenance for Tron Network ($TRX)Binance Will Perform Wallet Maintenance for Tron Network ($TRX)Binance Will Perform Wallet Maintenance for Tron Network ($TRX)Binance Will Perform Wallet Maintenance for Tron Network ($TRX)Binance Will Perform Wallet Maintenance for Tron Network ($TRX)Binance Will Perform Wallet Maintenance for Tron Network ($TRX)Binance Will Perform Wallet Maintenance for Tron Network ($TRX)Binance Will Perform Wallet Maintenance for Tron Network ($TRX)Binance Will Perform Wallet Maintenance for Tron Network ($TRX)
NextFTX Seeks Permission to Subpoena SBF, Family and InsidersFTX Seeks Permission to Subpoena SBF, Family and InsidersFTX Seeks Permission to Subpoena SBF, Family and InsidersFTX Seeks Permission to Subpoena SBF, Family and InsidersFTX Seeks Permission to Subpoena SBF, Family and InsidersFTX Seeks Permission to Subpoena SBF, Family and InsidersFTX Seeks Permission to Subpoena SBF, Family and InsidersFTX Seeks Permission to Subpoena SBF, Family and InsidersFTX Seeks Permission to Subpoena SBF, Family and InsidersFTX Seeks Permission to Subpoena SBF, Family and Insiders
Share
NewsMore
    Loading...