SEC approved review of Bitcoin ETF

SEC approved review of Bitcoin ETF The Securities and Exchange Commission (SEC) has rejected an application to create an Exchange-Traded Fund (ETF) tied to the price of Bitcoin proposed by Cameron and Tyler Winklevoss on Friday, March 10, 2017. A couple of weeks later, Bats BZX Exchange, Inc. (the “Exchange”) submitted a petition for review pursuant to Rule 154(c) of the Securities and Exchange Commission’s Rules of Practice. After a month of wait,...

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