(FINalternatives) For the second time this month, the U.S. Securities and Exchange Commission has denied a proposal to list an exchange-traded product tracking the price of bitcoin, citing the same core reasons a similar request from the Winklevoss brothers was rejected in early March: the digital currency’s underlying trading markets lack surveillance-sharing agreements, and those markets are unregulated.
SEC Rejects SolidX Bitcoin ETF Proposal
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