Invesco Reapplies for Bitcoin (BTC) ETF Following in the Footsteps of BlackRock

“The SEC may be very involved with market manipulation associated to Bitcoin costs, and has cited this in nearly, if not all, earlier rejections,” Graeme Moore, Head of Tokenization, on the Polymesh Affiliation, stated earlier to CoinDesk. “It is because the SEC’s view is that Coinbase and others will not be regulated as exchanges and subsequently can’t be trusted to ‘forestall fraudulent and manipulative acts and practices’.”