SEC Delays Decision on VanEck/SolidX Filing in Latest Bitcoin ETF Setback
The U.S. Securities and Exchange Commission (SEC) has again delayed a decision on a bitcoin exchange-traded fund (ETF) proposal.
The regulator now has 45 days to approve or deny the application or extend the review period.
The SEC now has 45 days to either approve or disapprove the application, or extend the review period.
CEO Ed Tilly told Bloomberg Thursday Cboe has not "given up" on bitcoin futures despite prior aborted attempts in the space.
Cboe is joining the race to take cryptocurrency pricing mainstream with a planned index launch in Q2 2021.
VanEck and SolidX just pulled their bitcoin ETF proposal a month before the SEC would have to approve or reject it.