U.S. Exchange Withdraws SEC Request to List Bitcoin Fund

An effort to allow investors to trade digital currencies as easily as stocks stumbled when a U.S. exchange withdrew its application for government approval to list a bitcoin fund.

Grayscale Investments said Intercontinental Exchange’s NYSE Arca exchange withdrew a request with the U.S. Securities and Exchange Commission (SEC) to list its Bitcoin Investment Trust, in the latest setback to the digital currency.

“Although digital currency market regulation continues to rapidly evolve, at...

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