The cryptomarket is fumbling at the moment. The reason could be the US Securities and Exchange Commission’s (SEC) decision to cease trading on two exchange-traded notes or ETN’s.
The regulator has ceased XBT Provider’s trading of Bitcoin and Ether Tracker One securities but why?
SEC Ceases Trading on Two Exchange-Traded Notes
The SEC issued a notice that the two exchange-traded notes would stop trading until September 20th. The two affected notes are Bitcoin Tracker One, which trades under the code CXBTF, and Ether Tracker One, which trades under the code CETHF.
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