SEC Slams BlackRock and Fidelity Bitcoin ETF Filings: Are The Markets in Jeopardy?

SEC Slams BlackRock and Fidelity Bitcoin ETF Filings: Are The Markets in Jeopardy?


Coinpedia
2023-07-01 05:21:00

The post SEC Slams BlackRock and Fidelity Bitcoin ETF Filings: Are The Markets in Jeopardy? appeared first on Coinpedia Fintech News In a surprising turn of events that rattled the cryptocurrency market, the U.S. Securities and Exchange Commission (SEC) has reportedly deemed recent spot Bitcoin ETF filings by prominent asset managers, including BlackRock and Fidelity, as insufficient. The Wall Street Journal, citing anonymous sources, broke the news, leading to a sudden $1,000 decline in Bitcoin’s value, …