SEC rejects nine proposals for bitcoin ETFs
Tweet
Share
E-mail
FILE PHOTO: The seal of the U.S. Securities and Exchange Commission hangs on the wall at SEC headquarters in Washington, U.S., June 24, 2011. REUTERS/Jonathan Ernst/File Photo
(Reuters) - The U.S. Securities and Exchange Commission (SEC) on Wednesday rejected applications for nine bitcoin-based exchange-traded funds (ETF) from three separate companies.
ETF provider Direxion proposed to list and trade five bitcoin ETFs, while GraniteShares and ProShare presented two each, all of which were rejected by the SEC. (https://bit.ly/2BC9PA9) (https://bit.ly/2LfDyP6)
Bitcoin
(Reporting by Nikhil Subba in Bengaluru)
Create E-mail Alert Related Categories
Forex, ReutersRelated Entities
BitcoinSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
