Express

SEC Rejects WisdomTree's Spot Bitcoin ETF Proposal

Mary Liu

Summary: The U.S. Securities and Exchange Commission (SEC) has rejected WisdomTree’s application for a spot Bitcoin ETF, citing investor protection, according to newly released regulatory filings.  This is the company's second attempt after revising its proposal last year when a similar application was rejected. Spot Bitcoin ETF applications from other companies have also been rejected, including ...

The U.S. Securities and Exchange Commission (SEC) has rejected WisdomTree’s application for a spot Bitcoin ETF, citing investor protection, according to newly released regulatory filings. 

This is the company's second attempt after revising its proposal last year when a similar application was rejected.

Spot Bitcoin ETF applications from other companies have also been rejected, including an application by Grayscale Investments to convert its Grayscale Bitcoin Trust (GBTC) into a spot Bitcoin ETF.

By Mary Liu

Last Update:

Tags: ,
Link: SEC Rejects WisdomTree's Spot Bitcoin ETF Proposal   [Copy]
Next:

Related Articles

  • Bitcoin Surges to New Highs, Momentum Points to Further Gains 2 days ago
  • Circle Intensifies Stablecoin Push with Key Exchange Partnerships 3 days ago
  • Trump's "Big and Beautiful" Bill Passes: Biden and Harris Criticize, Financial Expert O... 9 days ago
  • Silicon Valley Giants, Trump Ally Launch 'Crypto Bank' Erebor, Aiming to Fill SVB Void 10 days ago
  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 16 days ago

    • You need to login to comment.