WindRider
Thu Oct 03 2024
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7 answers
1841
Did SEC reject a spot bitcoin exchange-traded fund application?
Hello there, I'm curious to know about the recent developments in the cryptocurrency space. Can you clarify if the U.S. Securities and Exchange Commission (SEC) has indeed rejected an application for a spot bitcoin exchange-traded fund (ETF)? If so, what were the main reasons behind this decision? How does this affect the broader cryptocurrency market and investors' sentiment towards bitcoin and other digital assets? Additionally, are there any alternative routes or strategies being explored to make bitcoin ETFs a reality in the near future?
