Newsflash: SEC Slaps Down Two NYSE Bitcoin ETF Proposals

Newsflash: SEC Slaps Down Two NYSE Bitcoin ETF Proposals

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The U.S. Securities and Exchange Commission (SEC) on Wednesday denied two more bitcoin ETF applications, continuing its stance of hostility toward the much-anticipated cryptocurrency investment products. Those proposals, filed by NYSE Arca, sought to list bitcoin ETFs from fund providers ProShares and Direxion. These particular ETFs would not have held physical bitcoin but rather would have

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