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SEC suspends trading of Bitcoin Tracker One, Ether Tracker One

The Securities and Exchange Commission introduced Sunday suspensions in buying and selling of the securities Bitcoin Tracker One CXBTF, -2.38% and Ether Tracker One CETHF In a remark, the SEC said buying and selling was suspended as of 5:30 p.m. Eastern and can proceed until 11:59 p.m. Sept. 20. The suspension was ordered as a result of "confusion amongst market participants," the SEC said. Bitcoin Tracker One began buying and selling as an exchange-traded notice in August and was observed by means of some as the nearest factor to an exchange-traded fund for bitcoin. The SEC has many times denied packages for bitcoin BTCUSD, -2.12% ETFs.

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