SEC Deals VanEck’s Bitcoin Futures ETF a Big Setback

According to reporting in CoinDesk last month money manager VanEck filed to create the VanEck Vectors Bitcoin Strategy ETF and last week that effort was given bad news by the SEC; the SEC sent a letter to VanEck stating that they cannot review the offering because “the underlying instruments in which the fund intends to primarily invest are not yet available.” Source.

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