Bitwise ETF Rejected in 122 Page Order

The SEC rejected the Bitwise ETF. This is par for course. However, they also took the opportunity to write a 122 order on the matter.

Another Bitcoin ETF being rejected isn’t too exciting, but the 122 page order gives a lengthy insight into the minds of the SEC.

In that sense, it may be worth taking a look at the 122 page “Order Disapproving a Proposed Rule Change, as Modified by Amendment No. 1, Relating to the Listing and Trading of Shares of the Bitwise Bitcoin ETF Trust Under NYSE Arca Rule 8.201-E.”

If not, at least read Bitwise’s TLDR on it:

Author: Thomas DeMichele

Thomas DeMichele has been working in the cryptocurrency information space since 2015 when was created. He has contributed to MakerDAO, Alpha Bot (the number one crypto bot on Discord),...

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