US regulator said not to allow leveraged Bitcoin Fund

The US Securities and Exchange Commission (SEC) is weighing in further on BTC ETF proposals:

  • To not allow the Valkyrie proposal for leveraged Bitcoin fund (nor other leveraged proposals)
  • aiming to limit Bitcoin-related ETFs to those that hold Bitcoin futures

Unnamed sources cited.

Greg posted on BTC a little earlier here:

The US Securities and Exchange Commission (SEC) is weighing in further on BTC ETF proposals:

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