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Questions tagged [bitcoin spot fund]

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Andrea Andrea Sun Sep 29 2024 | 7 answers 1423

Why did the SEC deny a bitcoin spot fund?

Could you please elaborate on why the SEC decided to reject the proposal for a Bitcoin spot fund? What specific concerns or regulations did they cite in their decision? Did the lack of regulatory clarity or investor protection measures play a role in their denial? And what does this mean for the future of cryptocurrency-based investment funds and the broader digital asset market?

Why did the SEC deny a bitcoin spot fund?

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