SEC Rejects 9 Bitcoin ETF Proposals


SEC Rejects 9 Bitcoin ETF Proposals

The Securities and Exchange Commission (SEC) has issued rejections to bitcoin exchange-traded fund (ETFs) proposals from ProShares, Direxion and GraniteShares.

In three orders published on August 22, the rejections came ahead of previously reported deadlines arising from the SEC’s public-facing approval process.

CoinDesk

https://www.coindesk.com/sec-rejects-7-bitcoin-etf-proposals/

SEC Rejects 9 Proposed Bitcoin Exchange-Traded Funds – Law360

https://www.law360.com/securities/articles/1076068