Asset management firm Bitwise, for now, has withdrawn its Bitcoin ETF application. According to a request to the U.S. Securities and Exchange Commission (SEC) on Tuesday, Bitwise said the move to withdraw is “consistent with the public interest and protection of investors.” Bitwise first filed its ETF proposal in January...
The U.S. Securities and Exchange Commission (SEC) rejects the Bitwise Bitcoin ETF proposal. The SEC announced on Oct, 9th that the Bitwise Bitcoin ETF proposal has not met the requirement under the Exchange Act and the Commission’s Rules of Practice to prevent fraudulent and manipulative acts and practices. SEC to...
Bitwise Asset Management Bitcoin ETF proposal submitted in Jan 2019 is awaiting for SEC final decision on 13th Oct. SEC has postponed several Bitcoin ETF proposals in the past and recently, SEC Chairman Jay Clayton in an interview with CNBC said that concerns remain on lack of safe custody options and...
