Insiders Say SEC Deems Blackrock’s Spot Bitcoin ETF and Other Applications as Inadequate

Insiders Say SEC Deems Blackrock’s Spot Bitcoin ETF and Other Applications as Inadequate

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According to a report citing “people familiar with the matter,” the U.S. Securities and Exchange Commission has allegedly informed Nasdaq and Cboe that Blackrock’s registration for a bitcoin exchange-traded fund (ETF) and the multitude of other spot bitcoin ETF applications currently in progress…

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