Crypto Exec: Bitcoin ETF Applicants ‘Don’t Fit the Mold’ for SEC Approval
This article was originally published on ETFTrends.com.
Following its decision to deny the Winkevoss Bitcoin ETF in July, the Securities and Exchange Commission rejected several new Bitcoin ETF proposals filed by ProShares and GraniteShares last week. The SEC based its decision off of concerns regarding fraud and manipulation within the cryptocurrency markets. Bill Barhydt, founder and CEO of Bitcoin payment app Abra, [...]