Bitcoin Price Takes Hit As SEC Reportedly Brands ETF Filings 'Inadequate'
The US Securities and Exchange Commission (SEC) has raised concerns about recent applications for spot bitcoin exchange-traded funds (ETFs). The agency found that the applications, submitted by asset managers like BlackR...
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The agency found that the applications, submitted by asset managers like BlackRock and Fidelity through exchanges Nasdaq and CBOE Global Markets, lacked clarity and completeness.
The SEC has informed Nasdaq and CBOE about these inadequacies, but no official comments have been made by the parties involved....
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