The U.S. Securities and Exchange Commission rejected Intercontinental Exchange’s NYSE Arca proposal for a Bitcoin exchange-traded fund from
The First Trust SkyBridge Bitcoin ETF Trust proposal fell short of standards to prevent fraudulent and manipulative practices and to protect investors, the agency said in a filing Thursday. The regulator used
The SEC has yet to approve a spot-Bitcoin ETF, though it gave the green light for futures-backed Bitcoin ETFs in October.
A decision on a proposal from Fidelity is expected by Jan. 27. ...