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These Crypto Projects Could Be Like Solana in 2024The SEC said Wednesday that proposals from Valkyrie Investments and Kryptoin failed to meet requirements that the rules of a national. U.S. SEC rejects Valkyrie, Kryptoin bitcoin trusts The U.S. Securities and Exchange Commission vetoed two proposals to offer bitcoin exchange-traded funds. The United States Securities and Exchange Commission (SEC) has rejected the Valkyrie and Kryptoin spot ETF applications.