The SEC today rejected an application for a spot market Битцоин ЕТФ from First Trust Advisors and SkyBridge.
First Advisors and SkyBridge Capital’s application was filed last May. The two investment firms teamed up to try and get the exchange-traded fund approved but the regulatory body рекао in a Thursday note that the ETF didn’t meet “the requirement that the rules of a national securities exchange be ‘designed to prevent fraudulent and manipulative acts and practices’ and ‘to protect investors and the public interest’.”
Former White House communications director Anthony Scaramucci, who runs SkyBridge Capital, last year РекаоДешифрирај that he was hopeful the SEC would approve a Bitcoin ETF by the end of 2021.