The US Securities and Exchange Commission (SEC) has reportedly told exchanges Nasdaq and Cboe that recent filings for spot Bitcoin (BTC) exchange-traded funds (ETFs) from asset managers including BlackRock and Fidelity were not “clear and comprehensive” enough. Bitcoin ETFs In Jeopardy? The SEC has rejected several Bitcoin ETF filings in recent years due to concerns over potential fraudulent and manipulative practices associated with the cryptocurrency market. The agency has stated that the filings do not meet the standards designed to protect investors and the public interest. In particular, the SEC has expressed concerns about the lack of regulation and oversight
Go to Source
Author: coinmaker