SEC Dismisses WisdomTree’s Request for Cointelegraph Spot Bitcoin ETF

0


© Reuters.

The United States Securities and Exchange Commission, or SEC, has officially disapproved of the place of asset manager WisdomTree (BTC) Exchange Traded Fund (ETF) after postponing a decision several times this year.

According to a document filed Wednesday, the SEC rejected a proposed rule change for the Cboe BZX Exchange for listing and trading WisdomTree Bitcoin Trust stocks. Specifically, the SEC said any rule change in favor of ETF approval would not be “designed to prevent fraudulent and manipulative acts and practices” or “to protect investors and the public interest.”

Continue reading on Coin Telegraph

Disclaimer: Fusion media would like to remind you that the data contained in this site is not necessarily real time or accurate. All CFDs (stocks, indices, futures) and Forex prices are not provided by the exchanges but rather by the market makers, and therefore the prices may not be accurate and may differ from the actual market price, which means that the prices are indicative and not suitable for trading purposes. Therefore, Fusion Media assumes no responsibility for any business losses that you may incur as a result of the use of such data.

Fusion media or anyone involved with Fusion Media will not accept any responsibility for any loss or damage resulting from reliance on any information, including data, quotes, graphics and buy / sell signals contained in this website. Please be fully informed about the risks and costs associated with trading in the financial markets, it is one of the riskiest forms of investing possible.


Share.

Comments are closed.