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Learning & News => News related to Crypto => Topic started by: dalaganicole on August 23, 2018, 08:05:17 AM

Title: SEC Rejects 9 Bitcoin ETF Applications from ProShares, Direxion and GraniteShare
Post by: dalaganicole on August 23, 2018, 08:05:17 AM

The U.S. Securities and Exchange Commission (SEC) has rejected a total of nine applications to list and trade various Bitcoin (BTC) exchange-traded funds (ETFs) from three different applicants, according to a three separate orders published by the SEC today, August 22.

The disapprovals come one day ahead of the anticipated deadline, August 23, stipulated for a pair of BTC ETFs that had been submitted by ProShares in conjunction with the New York Stock Exchange (NYSE) ETF exchange NYSE Arca.

The SEC has now rejected a further seven proposed ETFs alongside the ProShares pair –– these being five further proposed ETFs from Direxion, also for listing on NYSE Arca –– and two proposals from GraniteShares, for listing on CBOE.

More here: https://cointelegraph.com/news/us-federal-trade-commission-issues-warning-on-bitcoin-blackmail-scam-targeting-men

Title: Re: SEC Rejects 9 Bitcoin ETF Applications from ProShares, Direxion and GraniteShare
Post by: btyco on August 23, 2018, 08:28:47 AM

Damn, this was one of our last hopes for a bull run. Looks like we will have to wait and hope that september will give us better news. We will get a yes eventually, just have to be patient