- January 3, 2022
- Posted by: Bastion team
- Category: World News
SEC Rejects Listing Of Two Bitcoin ETFs
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The SEC rejected two proposals to list and trade shares in two
Bitcoin exchange-traded funds (“ETFs”).
The SEC rejected a proposal from NYSE Arca, Inc.
(“Arca”) to list and trade shares of the Valkyrie Bitcoin
Fund. The SEC also rejected a proposal from CBOE BZX
Exchange, Inc. (“BZX”) to list and trade shares of the
Kryptoin Bitcoin ETF Trust.
The SEC assessed whether the exchanges (i) had a comprehensive
surveillance-sharing agreement with a significant, regulated
market, and (ii) could effectively…