2 weeks ago

2019-11-19 06:46:50

US SEC takes another look at Bitcoin ETF rejection - blockcrypto.io

The US Securities and Exchange Commission (SEC) will reconsider the rejection Bitcoin ETF proposal, with Bitwise’s ETF being the most recent case of dismissal. Last month, the Bitwise Asset Management company presented a Bitcoin exchange traded fund (ETF) proposal to SEC, hoping that it will receive a nod given the evolved outlook towards cryptocurrencies. Matt Hougan of Bitwise Investments went on to announce that the markets are ready for a Bitcoin ETF and that the green signal from the SEC is imminent. Unfortunately for crypto firms like NYSE Arca and Bitwise, all hopes were shattered when the U.S. financial regulators

Created By Cryptopolitan

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