SEC Denies Bitcoin ETFs Because Applicants Do Not Fit Industry Archetype
The reason the U.S. Security and Exchange Commission (SEC) has insofar denied crypto exchange traded funds (ETFs) is because the crypto industry does not fit the applicant archetype, according to the CEO of crypto payment startup Abra, CNBC reported September 4. Speaking in an interview with CNBC’s “The Coin Rush,” Bill Barhydt suggested that the […]