U.S. SEC Rejected WisdomTree's Spot Bitcoin ETF Proposal

TokenInsight news, U.S. SEC has rejected WisdomTree's proposal to launch a spot bitcoin ETF. In its order, the SEC explained that the rejection was necessary to protect investors from "fraudulent" and "manipulative" practices.
Source

Bitcoin

Related News
Trump makes over $57 million from WLFI sales, Truth Social files for Bitcoin and Ethereum combo ETF, and more Trump makes over $57 million from WLFI sales, Truth Social files for Bitcoin and Ethereum combo ETF, and more
FalconX partners with Standard Chartered to boost crypto offerings for institutional clients FalconX partners with Standard Chartered to boost crypto offerings for institutional clients
Bitcoin dominates global crypto funds' $882 million weekly inflows as Sui outperforms major altcoin products Bitcoin dominates global crypto funds' $882 million weekly inflows as Sui outperforms major altcoin products
Riot Platforms sells mined bitcoin for first time since January 2024, nets $38.8 million Riot Platforms sells mined bitcoin for first time since January 2024, nets $38.8 million
Ark Invest raises 2030 bull-case bitcoin price projection to $2.4 million on 'aggressive' modeling Ark Invest raises 2030 bull-case bitcoin price projection to $2.4 million on 'aggressive' modeling
Latest News More More
3 Days Ago Kraken offers bitcoin ‘staking’ yield via Babylon without wrapping or lending
June 13 XRP Ledger adopts USDC one week after Circle goes public
June 13 Wall Street back-office giant DTCC mulls stablecoin integration: report
June 10 Foresight Ventures Report Shows a Pendulent Shift of Over 32,000 Global Merchants Accepting Crypto Payment
June 9 Hyperliquid hits record $248 billion perp volume in May, capturing over 10% of Binance flow
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open