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New York-based asset management company WisdomTree submitted a revised application for a spot Bitcoin exchange-traded fund (ETF) to the U.S. Securities and Exchange Commission (SEC) yesterday. The firm, which manages nearly $97 billion in assets, noted in the filing that Coinbase will serve as the custodian for this product. As the custodian, Coinbase will be responsible for holding the digital currencies supporting the fund's shares. Monitoring sharing refers to the activities of sharing trading, clearing activities, and customer identity information to reduce the risk of market manipulation. The SEC must approve or reject WisdomTree's Bitcoin Trust by January 15th. |
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Post time 21-11-2023 18:54:32