The U.S. Securities and Exchange Commission (SEC) has issued a bulletin warning investors about the risks associated with bitcoin and ether exchange-traded products (ETPs), including exchange-traded funds (ETFs). The SEC highlighted the speculative nature of these investments and urged investors to consider factors such as price volatility, fraud, and lack of regulatory oversight. The SEC explained that bitcoin and ether are digital assets with significant value fluctuations and that spot ETPs lack the protections and regulatory oversight that apply to traditional ETFs and mutual funds. The agency emphasized the importance of considering these risks and reviewing disclosure documents before investing in such products.
- Content Editor ( news.bitcoin.com )
- 2024-09-10
SEC Warns of Bitcoin and Ether ETF Risks — Labels BTC, ETH Highly Speculative Investments