US SEC Rejects VanEck’s Spot Bitcoin Exchange-Traded Fund Proposal – Here’s Why

The U.S. Securities and Exchange Commission (SEC) has rejected a proposal to launch a spot Bitcoin exchange-traded fund (ETF) that would actively track the price of BTC. According to the agency, the proposal from investment firm VanEck was denied due to concerns of manipulation in the crypto markets. The Commission says the proposal must be […] The post US SEC Rejects VanEck’s Spot Bitcoin Exchange-Traded Fund Proposal – Here’s Why appeared first on The Daily Hodl.