US SEC Rejected ETF

in #esteem5 years ago

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The United States Securities and Exchange Commission (SEC) has rejected a proposal to list a Bitcoin (BTC) exchange-traded fund (ETF).

In an announcement on Oct.9,the Commission stated that the ETF filing from Bitwise Asset Management and NYSE Arca did not meet the necessary requirements.

What do you think about this rejection and what is your opinion.I think it is compatible with the USA economoy.

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I think its america econony metter. And they do something else and show sonething else. Nearly every country do this for their benefits.

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I think ETFs are not good for Bitcoin's price. We should be happy they get rejected.

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