WEB

Change type. Click for search in Exxeble Search Engine.

DOMAINS TOKEN-G

Ronald Maguire

28 May 2022 135 Read Crypto , Bitcoin

LISTEN NOW

SEC Rejects One River's BTC Spot ETF Application

The SEC rejected the BTC Spot ETF application from One River, an asset management company with more than eight years of experience. If approved, the ETF would have started trading on the NYSE Arca exchange. Various institutions continue to apply for the Bitcoin ETF. The SEC continues to persistently reject every proposal.

The SEC offers the same reason for every Bitcoin Spot ETF it rejects. Michael Sonnenshein, CEO of Grayscale Investments LLC, believes their application to convert Bitcoin Trusts into Bitcoin spot ETFs will be approved by the SEC. The SEC may reject this application for the same reason.

NO COMMENTS YET!