[ad_1] <br><div><p data-testid="paragraph-0" class="text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__large__nEccO body__full_width__ekUdw body__large_body__FV5_X article-body__element__2p5pI" style="font-size:20px">NEW YORK, March 10 (Reuters) - The U.S. Securities and Alternate Fee on Friday rejected a proposal to checklist and commerce shares of the VanEck Bitcoin Belief, marking the third time the regulator has denied VanEck proposals for a spot bitcoin exchange-traded fund (ETF).</p><p data-testid="paragraph-1" class="text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__large__nEccO body__full_width__ekUdw body__large_body__FV5_X article-body__element__2p5pI" style="font-size:20px">The SEC has rejected a raft of ETFs that proposed monitoring the digital asset, together with VanEck's earlier functions in June final 12 months and in November 2021, over considerations of manipulation within the underlying market.</p><p><span data-testid="Text" class="text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__default__UPMUu sign-off__text__PU3Aj">Reporting by John McCrank</span></p><p data-testid="Body" class="text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__large__nEccO body__base__22dCE body__large_body__FV5_X article-body__element__2p5pI">Our Requirements: The Thomson Reuters Belief Rules.</p></div> <br>[ad_2] <br><a href="https://www.reuters.com/technology/us-sec-rejects-vaneck-spot-bitcoin-etf-application-third-time-2023-03-10/">Source link </a>