NEWYORK – The U.S. Securities and Alternate Fee rejected proposals to checklist and commerce shares of spot bitcoin exchange-traded funds (ETFs) NYDIG Bitcoin ETF https://www.sec.gov/guidelines/sro/nysearca/2022/34-94395.pdf and World X Bitcoin Belief, in filings dated March 10.
The strikes have been the newest in a collection of rejections by the market regulator to approve an ETF that tracks the underlying digital asset.
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