SEC Postpones Decision on Bitwise, VanEck Bitcoin ETF Proposals
The SEC has extended its review period of the Bitwise bitcoin ETF proposal, filed in conjunction with NYSE Arca.
VanEck and SolidX just pulled their bitcoin ETF proposal a month before the SEC would have to approve or reject it.
VanEck and SolidX aim to launch a limited bitcoin ETF for institutions in the U.S. later this week, but retail investors will be locked out.
Bitcoin’s price volatility spiked in January and could further increase over the near term because “whales” have begun accumulating coins.
The U.S. Securities and Exchange Commission (SEC) has again delayed a decision on a bitcoin exchange-traded fund (ETF) proposal.
A filing from the SEC Tuesday did not advance one of several bitcoin ETF proposals currently waiting for regulatory sign-off.