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BRIEF-U.S. SEC says NYSE Arca has updated existing application to list bitcoin investment trust
May 19, 2017 / 11:38 PM / 5 months ago

BRIEF-U.S. SEC says NYSE Arca has updated existing application to list bitcoin investment trust

May 19 (Reuters) -

* Securities and Exchange Commission says NYSE Arca has updated its existing application to list bitcoin investment trust –filing

* Securities and Exchange Commission says bitcoin ETF proposal would be the first of its kind approved in the united states

* SEC says updated proposal would allow fund to charge intermediaries 1 percent fee to exchange shares for cash but no fee to exchange shares for bitcoin

* SEC says public comments due 21 days after its notice published in the federal register Source text - bit.ly/2q5mgtv

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