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

  • The Bitcoin Halving is Complete! What’s Next? 6 days ago
  • Runes on Bitcoin: The Next Big Opportunity? 8 days ago
  • Uniswap Sued by SEC: What Does it Mean for the Future of DeFi? 13 days ago
  • The Value of Web3 Social, Explained 14 days ago
  • Initiated by Uweb and Waterdrip Capital, "Deep in Labs" announces its DePIN Demo Day 27 days ago

    • You need to login to comment.