kaal:claim:3411110-028

The SEC's rejection of the Winklevoss Bitcoin ETF, reasoned on Bitcoin's unregulated nature and susceptibility to fraud, reflects agency distrust of the crypto asset class as a whole rather than a narrow product objection.

The SEC's decision regarding the Bitcoin ETF reflects its distrust towards the crypto asset class as a whole, especially funds attempting to trade digital currencies.

Wulf A. Kaal, Samuel Evans, Blockchain-Based Securities Offerings (2019), V.1 SEC, p. 23
https://ssrn.com/abstract=3411110 · source PDF

Wulf A. Kaal, Samuel Evans, Blockchain-Based Securities Offerings (2019). SSRN: https://ssrn.com/abstract=3411110

• SEC order disapproving the Winklevoss Bitcoin Trust listing

empiricalsupport: evidencedtokenomicssecurities-lawrisk-and-incentives

• restates kaal:claim:2998033-012 The SEC's denial of the Winklevoss Bitcoin exchange traded fund on grounds of susceptibility to fraud reflects...
• extends kaal:claim:3002908-012 The SEC rejected the Winklevoss Bitcoin ETF application on the ground that the unregulated nature of Bitcoin m...

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