World X Refiles Spot-Bitcoin ETF Utility, Naming Coinbase as ‘Surveillance-Sharing’ Companion

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If permitted, the fund would grant buyers “publicity to bitcoin with essential protections that aren’t all the time accessible to buyers that make investments immediately in bitcoin,” legal professionals stated within the submitting. World X’s spot-bitcoin functions marks the ninth lively spot-bitcoin software filed with U.S. regulators, along with a petition by Grayscale to enchantment the SEC’s rejection of its proposed spot-bitcoin ETF conversion (Grayscale is a subsidiary of CoinDesk mum or dad firm Digital Forex Group).

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