SEC rejects proposed spot Bitcoin ETF from First Trust and SkyBridge

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SEC rejects proposed spot Bitcoin ETF from First Trust and SkyBridge
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The US Securities and Exchange Commission has shot down another spot bitcoin exchange-traded fund proposal, this time from First Trust and SkyBridge Capital.

in seeking approval for a spot bitcoin ETF in March 2021.in its latest statementIndeed, this position has been the theme thus far across a series of rejections for the past crop of spot bitcoin ETF proposals.

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