The US Securities and Exchange Commission (SEC) has rejected WisdomTree’s application for a spot Bitcoin ETF.
The regulator continues to reject offers for spot Bitcoin ETFs.
SEC Denied Another Application
The US Securities and Exchange Commission has rejected an application for a spot Bitcoin ETF by asset manager WisdomTree.
The regulator had previously rejected WisdomTree’s ETF application. In the statement made at that time, it was stated that such a decision was taken to protect investors from “dishonest” and “manipulative” actions.
Details are coming…