today is Jan 27, 2022

step by step online business

We value your privacy

Our site is supported by advertising and we and our partners use technology such as cookies on our site to personalize content and ads, provide social media features, and analyze our traffic. Click "I Accept" below to consent to the use of this technology across the web. You can change your mind and change your consent choices at any time by returning to this site and clicking the Privacy Choices link.

By choosing I Accept below you are also helping to support our site and improve your browsing experience.

Store and/or access information on a device

Apply market research to generate audience insights

Precise geolocation data, and identification through device scanning

Content measurement, and product development

Personalised ads, and ad measurement

Bitcoin United States

SEC Rejects Valkyrie, Kryptoin Bitcoin Trusts (reuters.com)

Posted by msmash on Friday December 24, 2021 @12:00PM from the market-movements dept.

The U.S. Securities and Exchange Commission vetoed two proposals to offer bitcoin exchange-traded funds, dealing a blow to market participants who had hoped the agency would green light the effort after approving futures-backed bitcoin funds in October. From a report: In a notice dated Wednesday, the markets regulator said both of the proposals to list and trade shares of Valkyrie Bitcoin Fund and the Kryptoin Bitcoin ETF Trust failed to be approved because they did not meet its standard. "(These proposals) do not meet the standard of being designed to prevent fraudulent and manipulative acts and practices and to protect investors and the public interest," the SEC said.

"Silent gratitude isn't very much use to anyone." -- G. B. Stearn

Working...