The SEC has blocked Anthony Scaramucci's Bitcoin ETF
CNN
U.S. regulators have rejected former White House communications director Anthony Scaramucci's hedge fund's filing to list a bitcoin exchange-traded fund. It's the latest in a series of Securities and Exchange Commission rejections of spot bitcoin ETFs.
The proposal from First Trust Advisors and SkyBridge, the hedge fund founded by Scaramucci, would have been called the First Trust SkyBridge Bitcoin ETF and tracked the "spot," or current, price of bitcoin. It's the latest in a series of Securities and Exchange Commission rejections of spot bitcoin ETFs, which seek to provide easy exposure to the cryptocurrency.
The filing did not meet "the requirement that the rules of a national securities exchange be 'designed to prevent fraudulent and manipulative acts and practices' and 'to protect investors and the public interest,'" the SEC said Thursday in a filing.
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President Donald Trump has said ICE agents will head to US airports tomorrow amid a partial government shutdown. Follow for live updates
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President Donald Trump has said ICE agents will head to US airports tomorrow amid a partial government shutdown. Follow for live updates
President Donald Trump said Sunday border czar Tom Homan will be in charge of deploying Immigration and Customs Enforcement agents to airports on Monday, with Homan telling CNN the agents will assist with security at entrances and exits to ease TSA workload amid a partial government shutdown.
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Donald Trump wants us to believe that a deal with Cuba is close at hand. After this past week, I am not so sure.