SEC suspends trading of Bitcoin Tracker One, Ether Tracker One


The Securities and Exchange Commission announced Sunday suspensions in trading of the securities Bitcoin Tracker One

CXBTF, -2.38%

and Ether Tracker One

CETHF

In a statement, the SEC said trading was suspended as of 5:30 p.m. Eastern and will continue until 11:59 p.m. Sept. 20. The suspension was ordered because of "confusion amongst market participants," the SEC said. Bitcoin Tracker One started trading as an exchange-traded note in August and was seen by some as the closest thing to an exchange-traded fund for bitcoin. The SEC has repeatedly denied applications for bitcoin

BTCUSD, -2.08%

ETFs.

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