SEC’s Cash Only Restriction for Spot Bitcoin ETF Is Nonsense, Says Vaneck Director

SEC’s Cash Only Restriction for Spot Bitcoin ETF Is Nonsense, Says Vaneck Director

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A director of digital assets strategy at asset management firm Vaneck says the U.S. Securities and Exchange Commission (SEC)’s cash-only requirement for spot bitcoin exchange-traded funds (ETFs) is “nonsense.” He predicted that it would not hold out for long since publicly listed companies already…

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