Bitcoin Investment Trust news and trends

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SEC Denies Second Bitcoin ETF

March 29, 2017
In another blow to bitcoin legitimacy, the U.S. Securities and Exchange Commission (SEC) has denied the second bitcoin-based ETF bid up for consideration this month — the Intercontinental Exchange, Inc.’s NYSE Arca exchange’s request to list and trade the SolidX Bitcoin Trust. Once again, the lack of oversight, regulation and the potential for fraud in […]