The United States Securities and Exchange Commission, or SEC, has officially disapproved of asset manager WisdomTree’s Bitcoin (BTC) exchange-traded fund (ETF) after it repeatedly postponed a decision this year.
According to a document filed Wednesday, the SEC rejected a proposed rule change for the Cboe BZX Exchange to list and trade shares of WisdomTree’s Bitcoin Trust. Specifically, the SEC said that any rule change in favor of ETF approval would not be “designed to prevent fraudulent and manipulative acts and practices” or “to protect investors and the public interest.”
Investing.com – Bitcoin was trading at $ 47,465 as of 1:30 am (08:30 GMT) on Saturday’s Investing.com Index, down 16% on the day. This is the largest percentage loss in one day since …
The Republic of El Salvador bought 150 Bitcoin (BTC) amid the largest bear market since Bitcoin hit an all-time high of nearly $ 68,000 in the first week of …
The signature of Star Trek producer Gene Roddenberry has boldly gone where no non-fungible token (NFT) has gone before: in the code of life itself.
In 1965, …
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