Скачать или смотреть SEC Rejects Valkyrie and Kryptoin Bitcoin ETF Applications

SEC Rejects Valkyrie and Kryptoin Bitcoin ETF Applications The United States Securities and Exchange Commission has rejected the Valkyrie and Kryptoin spot ETF applications. The authority is yet to approve a bitcoin spot ETF application. The decision on the Valkyrie Bitcoin Fund underwent a few delays this year, and market enthusiasts were hoping for approval. The SEC has been extremely hesitant about approving any cryptocurrency-related investment vehicles, citing investor protection and market manipulation as two primary reasons. However, it has taken a step forward and made a few approvals this year, most in relation to the futures-based bitcoin ETFs. These approvals are a sign that is willing to at least consider the investment vehicles, and it has been particularly accepting of futures-based ETFs. SEC Chair Gary Gensler has said the same in the past. The SEC has several more ETF reviews on its plate, and it’s likely to announce more decisions in the months to come. At the same time, it is working on a larger regulatory agenda. It seems quite clear that U.S. authorities will introduce comprehensive regulation next year.