SEC rejects proposed spot Bitcoin ETF from First Trust and SkyBridge

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The US Securities and Exchange Commission has shot down another spot bitcoin exchange-traded fund proposal, this time from First Trust and SkyBridge Capital.

in seeking approval for a spot bitcoin ETF in March 2021.in its latest statementIndeed, this position has been the theme thus far across a series of rejections for the past crop of spot bitcoin ETF proposals.

As explored in

 

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$GBTC should be approved before any other spot ETF.

America has the best opportunity at cornering an inevitable market that will dictate world power in years to come... And they are fucking it up.

why can reject can be explained? PitbullToken BscPitbull

Sec ngmi

garygensler harms btc by rejecting spot ETFs and harms alt coins through regulatory uncertainty. what a joke

Fuck the sec

Fantastic!

I certainly does shine bright!

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