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Concerns of manipulation in the underlying market
- The SEC has rejected a raft of ETFs that proposed tracking the digital asset, including VanEck's previous applications in June last year and in November 2021, over concerns of manipulation in the underlying market.
www.reuters.com/technology/us-sec-rejects-vaneck-spot-bitcoin-etf-application-third-time-2023-03-10/US SEC rejects VanEck spot bitcoin ETF application for third time
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