U.S. Securities and Exchange Commission rejects two exchange-traded funds (ETFs) Bitcoin Spot
The US Securities and Exchange Commission (SEC) is denying requests to establish two Bitcoin (BTC) exchange-traded funds (ETFs) based on the spot market. According to SEC filings, the regulator is rejecting NYSE Arca’s offer to amend a rule for listing and trading shares of the NYDIG Bitcoin ETF. The decision comes months after the SEC…