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The SEC said it has questions concerning how funds holding substantial amounts of cryptocurrencies and related products would satisfy the requirements of the 1940 Act
The blockchain ecosystem - the decentralized "distributed ledgers" that track crypto transactions - is also vulnerable
Prices have plummeted since South Korea announced last week it may ban domestic cryptocurrency exchanges. On Wednesday, bitcoin slid 18 percent
Bitcoin fell as much as 20 per cent on Wednesday, piercing below $10,000, while other cryptocurrencies took similar spills
According to industry experts, the first step to circumventing a ban is hiding IP addresses from authorities via virtual private networks (VPNs)
The magnitude of Bitcoin's boom suggests investors have reason to be worried
The cryptocurrency touched a peak of almost $20,000 in December
Hedge funds offer investors more than just a wager on rising cryptocurrency prices
When bitcoin skyrocketed in 2017, the electricity demand associated with it climbed to 20.5 terawatt-hours a year
The 'Others' category on CoinMarketCap is now 22 per cent of the market, just about 10 percentage points from Bitcoin