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SEC reportedly knocks back Valkyrie’s leveraged Bitcoin ETF -Breaking

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© Reuters.

According to reports, the U.S. Securities and Exchange Commission may have rejected one or more recent exchange-traded money fund application, signaling that it isn’t ready yet for exotic futures products.

A mere day after Valkyrie applied for an leveraged Bitcoin futures ETF, andDirexion submitted a request for an inverted bear fundThe SEC seems to have opposed them all.

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