Tag: Invesco
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WisdomTree and Invesco Galaxy Spot Bitcoin (BTC) ETF Applications Delayed by SEC
[ad_1] Judge Neomi Rao, writing for the unanimous court, said the SEC’s denial of the application was inconsistent with the approval of a pair of bitcoin futures ETFs, and did not explain why it viewed these types of products differently given the underlying bitcoin market had a “99.9% correlation” between spot and futures market prices.…
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Invesco Reapplies for Bitcoin (BTC) ETF Following in the Footsteps of BlackRock
[ad_1] “The SEC is very concerned with market manipulation related to Bitcoin prices, and has cited this in almost, if not all, previous rejections,” Graeme Moore, Head of Tokenization, at the Polymesh Association, said earlier to CoinDesk. “This is because the SEC’s view is that Coinbase and others are not regulated as exchanges and therefore…