Bitcoin Tracker One and Ether Tracker One Suspended by U.S. SEC
The U.S. Securities and Exchange Commission temporarily suspended trading in two securities linked to cryptocurrencies on Sunday.
(Bloomberg) -- The U.S. Securities and Exchange Commission temporarily suspended trading in two securities linked to cryptocurrencies on Sunday, citing investor confusion regarding the assets.
The halted securities are Bitcoin Tracker One and Ether Tracker One, the regulator said in a statement. The suspension started Sunday and will last through Sept. 20, according to the statement.
Brokers who allow customers to trade Bitcoin Tracker One and Ether Tracker One or offer quotes on the securities during the halt could be subject to enforcement actions, the SEC said.
To contact the reporter on this story: Jesse Westbrook in Washington at jwestbrook1@bloomberg.net
To contact the editors responsible for this story: Jesse Westbrook at jwestbrook1@bloomberg.net, Ros Krasny, Matthew G. Miller
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