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AIM 10 BITCOIN PRODUCTS
Bitcoin ETFs have been a topic of great controversy. While the SEC has approved the trading of bitcoin ETFs on futures-based indexes, it refuses to approve ETFs on spot bitcoin in spite of compelling arguments as to why their stance is indefensible.
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Required reading
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Whaley 2022 SEC comment letter (May 25, 2022)
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Lecture notes
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Slides
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