US SEC Said to Have Raised Concerns About Bitcoin ETF to Asset Managers

US SEC Said to Have Raised Concerns About Bitcoin ETF to Asset Managers
The US Securities and Exchange Commission (SEC) has said recent applications by asset managers to launch spot bitcoin exchange-traded funds (ETFs) were not sufficiently clear and comprehensive, a source familiar with the matter said. The SEC has communicated its concerns to the exchanges Nasdaq and Cboe Global Markets which filed the applications on behalf of asset ma...