VanEck, which filed for its actively managed Bitcoin Strategy ETF on December 11, asked the Securities and Exchange Commission Tuesday to withdraw that amendment. ProShares, which said it would launch a suite of bitcoin ETFs in September, also withdrew its request on Tuesday, according to a filing.
Neither VanEck nor ProShares provided a specific reason why they decided to withdraw the products in their filings.
Thanks Imperial Whazoo - your in depth DD is something I respect and am thankful for ..... in this case I with held adding shares and am staying with a small position at 2.63