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AMB Crypto
2023-03-11 11:00:10

SEC rejects VanEck’s spot BTC ETF application, yet again

SEC rejects VanEck’s spot BTC ETF application, yet again

The U.S. SEC on 10 March rejected the investment manager VanEck’s application to create a spot Bitcoin exchange-traded product (ETP). The SEC alleges that no exchange has so far demonstrated its fund’s resilience to fraud. The United States Securities and Exchange Commission (U.S. SEC) yesterday rejected the investment manager VanEck’s application to create a spot

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