bitcoin

SEC suspends trading of Bitcoin Tracker One, Ether Tracker One


The Securities and Exchange Commission announced Sunday suspensions in trading of the securities Bitcoin Tracker One












CXBTF, -2.38%










and Ether Tracker One












CETHF










In a statement, the SEC said trading was suspended as of 5:30 p.m. Eastern and will continue until 11:59 p.m. Sept. 20. The suspension was ordered because of “confusion amongst market participants,” the SEC said. Bitcoin Tracker One started trading as an exchange-traded note in August and was seen by some as the closest thing to an exchange-traded fund for bitcoin. The SEC has repeatedly denied applications for bitcoin












BTCUSD, -2.50%










ETFs.

Have breaking news sent to your inbox. Subscribe to MarketWatch’s free Bulletin emails. Sign up here.



READ SOURCE

Leave a Reply

This website uses cookies. By continuing to use this site, you accept our use of cookies.