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US SEC accepts six spot bitcoin ETF proposals for review
linkweb3
2023-07-19
2980
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Summary：The U.S. Securities and Exchange Commission (SEC) has accepted applications to create spot bitcoin exchange-traded funds from six firms including BlackRock for review, the first step in the agency's process for deciding whether or not to approve the latest round of proposals. The SEC has previously rejected dozens of spot bitcoin ETF applications, saying the proposals did not meet anti-fraud and investor protection standards.
The U.S. Securities and Exchange Commission (SEC) has accepted applications to create spot bitcoin exchange-traded funds from six firms including BlackRock for review, the first step in the agency's process for deciding whether or not to approve the latest round of proposals. The SEC has previously rejected dozens of spot bitcoin ETF applications, saying the proposals did not meet anti-fraud and investor protection standards.
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