US SEC rejects VanEck spot bitcoin ETF application for third time | – #SEC #rejects #VanEck #spot #bitcoin #ETF #application #time

NEW YORK, 10 March (Reuters) – Friday USA The Securities and Exchange Commission has rejected VanEck Bitcoin Trust’s bid to list and trade its shares, marking the third time the regulator has rejected VanEck’s bids for a spot bitcoin exchange-traded fund (ETF).

The SEC suspended digital asset tracking, including VanEck’s previous filings in June of last year and in November of 2021 due to concerns about manipulation in the underlying market. offer rejected a number of ETFs that did.

Reporting by John McCrank

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2023-03-11 03:24:42
Source – reuters

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