bitcoin ETFs Tag

The US Securities and Exchange Commission (SEC) rejected nine bitcoin exchange-traded fund (ETFs) proposals from ProShares, Direxion, and GraniteShares. The SEC used nearly identical wording in rejecting each proposal, saying in the case of Direxion’s five proposals: "...

  We forgive you if you’re confused about whether the US Securities and Exchange Commission (SEC) considers bitcoin or other altcoins a “security.” Today in an interview on CNBC, SEC Chairman Jay Clayton said some cryptocurrencies like bitcoin are...