RATE Group | US SEC Mulls Over Bitcoin ETFs, While Bakkt’s BTC Futures Inch Closer To Approval
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US SEC Mulls Over Bitcoin ETFs, While Bakkt’s BTC Futures Inch Closer To Approval

US SEC Mulls Over Bitcoin ETFs, While Bakkt’s BTC Futures Inch Closer To Approval

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US SEC Releases Memorandum From Meeting Over Bitcoin ETF Proposal

The U.S. Securities and Exchange Commission has published a memorandum from a meeting about the Bitcoin exchange-traded-fund (ETF) proposal from VanEck and SolidX that included EC Commissioner Elad L. Roisman and his counsels Dean Conway, Matthew Estabrook, and Christina Thomas, along with representatives from SolidX, VanEck, and the Chicago Board Options Exchange (CBOE). The memorandum outlines the parties’ arguments over the regulators decision to disapprove SolidX’s previous ETF application, specifically the failure to comply the section of the Securities Exchange Act over the prevention of fraud and manipulation.

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