So there is an interesting statement on the Bata website which might shed light on the Bitshares removal. "Bittrex asked Bata development to explain the shares concept - referring to a testing announcement Profit Shares. Explanation was provided directly to Bittrex contacts.
Bittrex asked why Profit Shares was not considered as a security. Then proceeded to ask for a lawyer's memo...."
https://bata.io/wp-content/uploads/2017/10/Statement-on-Bittrex-BTA2FBTC-Market-Removal-15th-Oct-2017.pdf
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