The SEC Just Denied Ark 21Shares Bitcoin ETF for the Second Time – Here’s Why

The US Securities and Exchange Commission (SEC) has yet again refused to give its regulatory blessing to Ark Investment Management and exchange-traded note (ETN) issuer 21Shares to list a spot bitcoin (BTC) exchange-traded fund (ETF). According to the document published on January 26, the SEC discussed the Cboe BZX Exchange on which the ETF would be listed and stated that, ... Read More: The SEC Just Denied Ark 21Shares Bitcoin ETF for the Second Time – Here’s Why