SEC Shuts Down Second Bitcoin ETF Setup Attempt

coindispatch on April 1, 2017

It’s the second time in recent memory a bitcoin exchange traded fund (ETF) has come before the United States’ Securities and Exchange Commission (SEC), and for the second time, it’s been shut down. This time, it was the SolidX Bitcoin Trust, brought forward by the Intercontinental Exchange Inc.’s NYSE Arca exchange, and the reasons behind the shutdown will likely be familiar to those who have been following this concept.

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