The solidify claims the IPO would be the “world’s first regulated closed-end bitcoin exchange-traded product,” however, there have been equivalent product launches before. Swiss Amun AG has launched several ETPs for bitcoin and other cryptocurrencies – including XRP, ether and BNB – in the final year on the SIX stock exchange.
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In December 2020, the SEC filed a lawsuit against Riffle Labs, accusing the company of …