SEC Temporarily Suspends Trading of BTC and ETH Based Exchange Traded Notes (ETNs)-8.62

Investors in the United States who wanted to invest in Bitcoin and Ethereum without buying the digital assets, had the option of buying Exchange Traded Notes (ETN) through XBT Provider AB. The latter company is a Swedish-based subsidiary of the U.K firm CoinShares Holdings.

The BTC and ETH based investment products were made available back in mid August but the SEC announced late Sunday, 9th September, that it was suspending trading of the ETNs.

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