U.S. SEC disapproves proposed rule to list, trade shares of VanEck bitcoin trust


FILE PHOTO: The U.S. Securities and Exchange Commission logo adorns an office door at the SEC headquarters in Washington, June 24, 2011. REUTERS/Jonathan Ernst/File Photo/File Photo

(Reuters) -The U.S. Securities and Exchange Commission (SEC) on Friday rejected rule changes that would have allowed the listing and trading of the VanEck bitcoin exchange traded fund (ETF).

In March, the Cboe BZX Exchange Inc filed a proposed rule change to list and trade shares of the VanEck Bitcoin Trust under BZX Rule.

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