SEC will not approve Cryptocurrency ETFs

in cryptocurrency •  7 years ago  (edited)

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The SEC has said it will not be open to approving cryptocurrency ETFs , citing concerns with liquidity and volatility. Outstanding concerns and rules to protect investors must be addressed before approval would be considered.

Read the SEC's letter here:
https://www.sec.gov/divisions/investment/noaction/2018/cryptocurrency-011818.htm

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