SEC postpones decision on BTC T-bond ETF

posted 4 months ago
The SEC postponed making a decision on a Bitcoin and US Treasury bond ETF proposal filed by Wilshire Phoenix. The SEC said they will finish evaluating the proposal by Feb. 26, 2020 (to approve or reject.)

The securities regulator has rejected more than a dozen Bitcoin ETFs in the last two years. The agency has pointed to concerns about market manipulation and surveillance sharing as two areas it would like to see bolstered before it would approve an ETF.
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