SEC disapproves plan to list bitcoin ETF

Author: Adam Button | Category: Cryptocurrency

ETF rejected

It was already a tough day for bitcoin but news that the SEC has disapproved a plan to list a bitcoin ETF on NYSE ARCA is now breaking. Regulators cited concerns over Bitcoin manipulation.

There are a few people trying to get an ETF approved, I'm not sure exactly which one this is but it doesn't bode well for anyone who is trying to convince the SEC.

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