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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 broke the news in London, United Kingdom on Friday, May 27, 2022.
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