The U.S. Securities and Exchange Commission (SEC) chose last week to delay a decision on WisdomTree’s bitcoin ETF application.
The SEC renders an initial decision on prospective applications within 45 days unless it extends the window, which it can do for 240 days.
The regulatory watchdog said on May 26 that it was extending WisdomTree’s application review by 45 days.
Meanwhile, WisdomTree bitcoin and ethereum exchange-traded products have recently begun trading in Amsterdam and Paris.
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