Applications for Bitcoin ETFs Hit a Roadblock as SEC Demands More Clarity

The SEC has deemed a series of applications for spot bitcoin ETFs as insufficient, according to sources cited by the Wall Street Journal. The filings were submitted by exchanges Nasdaq and Cboe Global Markets on behalf of asset management firms, including BlackRock and Fidelity Investments. The SEC claimed these applications lacked clarity and comprehensiveness. This … Continue reading Applications for Bitcoin ETFs Hit a Roadblock as SEC Demands More Clarity