SEC Rejects Grayscale Bitcoin ETF
The SEC has rejected the Spot Bitcoin Grayscale ETF.
Many people assumed the SEC would accept it given BITO and other ETFs.
Here is the full ruling: https://www.sec.gov/rules/sro/nysearca/2022/34-95180.pdf
The SEC has rejected the Spot Bitcoin Grayscale ETF.
Many people assumed the SEC would accept it given BITO and other ETFs.
Here is the full ruling: https://www.sec.gov/rules/sro/nysearca/2022/34-95180.pdf