![Abra to Open Withdrawals After Settling with Texas Regulators New York Stock Exchange with banner flagging ProShares Bitcoin Strategy ETF on the day it started trading.](https://btcusa.com/wp-content/uploads/2024/01/Abra-to-Open-Withdrawals-After-Settling-with-Texas-Regulators-678x381.jpg)
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The agreement, if honored, will dismiss a rash of enforcement actions over Abra’s offering of its Earn and Boost investment products at a time when it was nearly – if not completely – insolvent, according to the TSC. The TSC alleged the products were securities, meaning the registration of both products falls under the agency’s purview.
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