SEC delays Bitcoin ETF decision to September

posted 10 months ago
The US Securities and Exchange Commission has delayed a decision on a proposed Bitcoin ETF, pushing its final determination ahead by more than a month. In an order published on August 7th, officials at the agency wrote that they were giving themselves more time to deliberate on whether to approve what would be the first exchange-traded product of its kind in the US.

It's also perhaps unsurprising, given that in the past, SEC officials have used the agency's statutory powers to push back decisions on Bitcoin ETFs.
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