The U.S. SEC’s Approval of Bitcoin ETFs Enables Mass Marketing of Fraudulent Financial Products, Says Nonprofit Organization
A nonprofit organization, Better Markets, has expressed dismay at the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). Better Markets argues that the SEC's decision has allowed for the mass marketing of a financial product that is worthless, volatile, and filled with fraud. The organization believes that bitcoin […]