Index Option Calls
  • Home
  • Latest News
  • Email Whitelisting
  • Privacy Policy
  • Home
  • Latest News
  • Email Whitelisting
  • Privacy Policy
No Result
View All Result
Index Option Calls
No Result
View All Result
Home Latest News

SEC rejects VanEck ETF that sought to track bitcoin directly

by
November 12, 2021
in Latest News
0
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

RELATED POSTS

Is Trendspider The Best Stock Research Website? A User’s Comprehensive Guide

Is Motley Fool Rule Breakers The Best Stock Research Website? The Truth

Selim Korkutata | Anadolu Agency | Getty Images

The Securities and Exchange Commission has rejected the VanEck Bitcoin ETF.

The filing was done by the CBOE BZX Exchange, which wanted the SEC to make a rule change allowing it to list the VanEck bitcoin fund. The SEC said the CBOE had not done enough to demonstrate it could prevent fraudulent trading to protect investors.

That rationale is in line with previous rejections by the SEC of proposed ETFs that would track bitcoin directly. Companies have been vying to release the first U.S. bitcoin ETF for almost 10 years but the SEC has been slow to embrace one, citing concerns about the lack of regulation and the potential for fraud and manipulation in the bitcoin market.

There are currently several other similar bitcoin ETF applications awaiting decisions.

The rejection comes weeks after the SEC gave the greenlight for the first futures-based bitcoin ETFs to begin trading. Several more are also awaiting for the go-ahead from the SEC to begin trading.

This is breaking news. Please check back for updates.

ShareTweetPin

Related Posts

Is Trendspider The Best Stock Research Website? A User’s Comprehensive Guide

by
October 4, 2023
0

Stock research websites offer a wealth of information. They provide crucial insights into market trends, stock performance, and potential investment...

Is Motley Fool Rule Breakers The Best Stock Research Website? The Truth

by
October 4, 2023
0

Finding quality stock research websites can take time and effort. With numerous platforms promising to offer unparalleled insights and guidance,...

Is Trade Ideas The Best Stock Research Website? Unraveling Its Potential

by
October 4, 2023
0

In today’s rapidly evolving financial landscape, stock research websites have become indispensable tools for investors. The modern stock market, characterized...

Is Seeking Alpha The Best Swing Trading Alerts Service? Beyond the Hype

by
October 4, 2023
0

Seeking Alpha is one of the most recognized platforms in the investment realm. Established as a repository for investment knowledge,...

Is Stock Rover the Best Stock Analysis Website?

by
October 4, 2023
0

Whether you’re a newcomer or have decades of experience in investing, this review on Stock Rover will help you steer...

Next Post

Biden picks former FDA Commissioner Dr. Robert Califf to run the agency

Tesla Model 3 was traveling up to 90 mph before fatal crash in Florida, NTSB finds

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

email

Get the daily email about stock.

Please Enter Your Email Address:

By opting in you agree to our Privacy Policy. You also agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!

MOST VIEWED

  • A Couple Stored IRA Gold at Home. They Owe the IRS More Than $300,000.

    0 shares
    Share 0 Tweet 0
  • A California Couple Spent Eight Years Building Their Dream Retirement Home in Costa Rica

    0 shares
    Share 0 Tweet 0
  • Goldman Sachs picks new stocks to buy — and says these 5 have over 100% upside

    0 shares
    Share 0 Tweet 0
  • Goldman Sachs says buy these stocks to play Web 3.0 and the metaverse

    0 shares
    Share 0 Tweet 0
  • In his final warning, this stock trading wizard — who made big money in bear markets and crashes — called this market a bubble like no other

    0 shares
    Share 0 Tweet 0
  • Home
  • Latest News
  • Email Whitelisting
  • Privacy Policy
All rights reserved by www.indexoptioncalls.com
No Result
View All Result
  • Home
  • Latest News
  • Email Whitelisting
  • Privacy Policy

All rights reserved by www.indexoptioncalls.com