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BlackRock Might Have Been a HUGE MISTAKE for Bitcoin \u0026 Crypto - Mark YuskoThe US Securities and Exchange Commission said that they had "not approved the listing of spot bitcoin exchange-traded products". An August court ruling against the SEC in a case brought by Digital Currency Group's Grayscale unit, which is seeking to convert its $ The SEC has denied all spot bitcoin ETF applications on the grounds applicants have not shown they can protect investors from market.