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SEC doesn't approve bitcoin ETF
Added at 3:50pm
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Order Disapproving a Proposed Rule Change to List and Trade Shares of the United States Bitcoin and Treasury Investment Trust
On June 12, 2019, NYSE Arca, Inc. (“NYSE Arca”) filed with the Securities and Exchange Commission (“Commission”), pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (“Exchange Act”)1 and Rule 19b-4 thereunder,2 a proposed rule change to amend NYSE Arca Rule 8.201-E and to list and trade shares (“Shares”) of the United States Bitcoin and Treasury Investment Trust (“Trust”) under NYSE Arca Rule 8.201-E. The proposed rule change was published for comment in the Federal Register on July 1, 2019. 3 On August 12, 2019, pursuant to Section 19(b)(2) of the Exchange Act,4 the Commission ... (full story)