Two U.S. companies shelved proposals to launch bitcoin exchange-traded funds (ETF) due to ongoing concerns by the Securities and Exchange Commission (SEC), according to the filings published on Monday.
According to one of the filings, the SEC is expressing concerns regarding the liquidity and valuation of futures contracts based on the digital asset.
Source: https://hype.codes/bitcoin-etf-proposals-withdrawn-due-sec-concern
According to one of the filings, the SEC is expressing concerns regarding the liquidity and valuation of futures contracts based on the digital asset.
Source: https://hype.codes/bitcoin-etf-proposals-withdrawn-due-sec-concern