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Proposed SEC Rule Change May Unfreeze Bitcoin ETFs

Posted on 6th April, 2018

The U.S. Securities and Exchange Commission (SEC) is reconsidering its position on cryptocurrency-backed securities, potentially clearing the path for several bitcoin-tracking exchange-traded funds (ETFs). The SEC has consistently denied approval to cryptocurrency ETFs, citing “significant investor protection issues” as the primary concern. Late last month, however, the SEC quietly approved a request from the New […]