Published 2 years ago

U.S. SEC rejects carbon-neutral bitcoin ETF by One River

Summary by Ground News

The U.S. Securities and Exchange Commission (SEC) rejected a Bitcoin spot exchange-traded fund (ETF) applications Friday. The agency disapproved a rule change to allow cryptocurrency-focused hedge fund One River Digital to offer the One River Carbon Neutral Bitcoin Trust on the New York Stock Exchange Arca.

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Reuters

U.S. SEC rejects carbon-neutral bitcoin ETF by One River

The U.S. Securities and Exchange Commission on Friday rejected a proposal to list and trade a carbon-neutral spot bitcoin exchange-traded fund (ETF) by asset management firm One River on the NYSE Arca exchange, citing concerns over fraud-prevention measures.

2 years ago·United Kingdom

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Cointelegraph

One River's spot Bitcoin ETF application rejected by SEC

Crypto-focused hedge fund One River Digital’s application to list a Bitcoin spot ETF did not succeed in becoming the first to win regulator approval.

2 years ago

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Coin Desk

One River’s Carbon Neutral Bitcoin ETF Rejected by SEC

It's the latest in the agency's string of rejections of spot bitcoin ETF applications.

2 years ago·Manila, Philippines

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BITRSS

One River's spot Bitcoin ETF application rejected by SEC

The proposed environmentally conscious spot ETF was found to be insufficiently protected against fraud and manipulation, like many ETF proposals before it.

2 years ago

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Cryptic Threadz News

One River's spot Bitcoin ETF application rejected by SEC - Cryptic Threadz News

The United States Securities and Exchange Commission (SEC) maintained its perfect record for rejecting Bitcoin (BTC) spot exchange-traded fund (ETF) applications Friday when it disapproved a rule change to allow cryptocurrency-focused hedge fund One River Digital to offer the One River Carbon Neutral Bitcoin Trust on the New York Stock Exchange Arca. The decision comes […]

2 years ago

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