The Digital Chamber of Commerce (CDC) alleges that the U.S. Securities and Exchange Commission (SEC) has made unfair assessments of exchange-traded funds (ETFs).
SEC and the crypto industry To Spot Bitcoin ETFs The fight against it continues on the legal ground. However, CDC, one of the leading institutions in the sector, to get the public behind it. presented an important report.
Digital Chamber of Commerce, He produced a report pointing out that the SEC is putting US investors at risk by depriving them of an investment vehicle already available in other countries. to be submitted to the court September 12 In the report published on cheap, transparent, liquid and regulated have no access to spot Bitcoin ETFs and are not regulated by the SEC, It was mentioned that he was forced to invest in foreign alternatives..
It is known that the SEC, which rejects spot Bitcoin ETFs, gives approval to futures Bitcoin ETFs quite easily. While the SEC has rejected all 16 spot Bitcoin ETF applications to date, it has approved many futures Bitcoin ETFs.
The SEC has a comprehensive discussion on the subject with a regulated exchange of considerable size. surveillance-sharing In case of agreement, applications can be approved told. However, the CDC arbitrary somehow rejected and this in the report they prepared they have proven claims.
Although experts do not think that the report will weaken the SEC’s hand on the legal ground, important for public support thinks it might.