SEC Says Spot Bitcoin ETF Filings Are Inadequate - WSJ

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Spot Bitcoin ETF filings not sufficiently clear and comprehensive, says SEC - WSJ

June 30, 2023 10:40 AM UTC

According to The Wall Street Journal, the Securities and Exchange Commission has deemed the recent wave of applications from asset managers seeking to launch bitcoin exchange-traded funds as insufficient.

According to the publication's sources, the SEC notified Nasdaq and Cboe Global Markets, who submitted applications for asset managers, including BlackRock (NYSE:... More