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SEC Stops Crypto ETF Filings Due to Leverage under 18F4

38m ago
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Thailand SEC Cryptocurrencies

The US SEC has sent out a new wave of ETF proposal rejection letters to ProShares, Direxion, and GraniteShares  For the first time, the SEC added the ProShares, Direxion and GraniteShares ETFs that attempted to offer 3X and 5X leverage on Bitcoin and other digital tokens. This marks the end of the hyper-leverage era for …

The post SEC Stops Crypto ETF Filings Due to Leverage under 18F4 appeared first on Cryptoknowmics-Crypto News and Media Platform.

38m ago
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