The SEC is instituting additional proceedings to determine whether the proposed Valkyrie Bitcoin Fund spot ETF should be approved.
The SEC on Thursday said it is instituting additional proceedings to determine whether the proposed Valkyrie Bitcoin Fund ETF should be approved or disapproved.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.
"Institution of proceedings is appropriate at this time in view of the legal and policy issues raised by the"Institution of proceedings does not indicate that the Commission has reached any conclusions with respect to any of the issues involved," it continued. © 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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