Brian Kelly: When Bitcoin ETFs Will Actually Hit the Market, Possible Roadblocks

The US Securities and Exchange Commission (SEC) rejected 9 Bitcoin Exchange-Traded Funds (ETFs) from three applicants – ProShares, Direxion and GraniteShares on August 22, which is yet another reminder of the fact that Bitcoin-based products being proposed by different entities have not been able to address concerns of consumer protect adequately.
The three applicants had filed the ETFs in conjunction with the New York Stock Exchange (NYSE) ETF exchange NYSE Arca, and the SEC rejected them