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Tag Archives: arca ust coins

SEC Delays Decision on Wilshire Phoenix Bitcoin ETF

The U.S. Securities and Exchange Commission (SEC) again delayed its decision about Bitcoin exchange-traded fund (ETF) proposed by New York-based investment-management firm Wilshire Phoenix.As per the public filing, SEC needs to assess the proposed rule change to allow NYSE Arca in order to deal with shares of Wilshire Phoenix’s Bitcoin and Treasury Investment Trust. Arca first started seeking regulatory approval from the SEC for a different type of stablecoin. Dubbed as the Arca UST Coins –...

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