The Commission on securities and stock exchanges of the USA (SEC) has again deferred a decision on the application for a bitcoin ETF from VanEck, and SolidX. In a paper published Monday, may 20, the SEC announced that it was not ready to make a final decision (approve or reject). The SEC also asks stakeholders to provide their comments on a number of issues regarding the bitcoin ETF, which can be filed within 21 days after the publication of the document, and the retraction within 35 days.
According to the lawyer Jake Chervinsky, now a new date for decision, SEC — 19 August, after which the regulator will be able to once again defer a decision until October 18 (the deadline).
Bitcoin ETF VanEck and SolidX was first filed last year, but was cancelled in January due to the shutdown of the U.S. government. Later, the company re-filed five days after filing the company Bitwise (also was delayed).
Thus, the regulator has not yet approved any bitcoin ETF in the US, and over the last several years, or deferred action, or rejected the proposal.
The SEC has deferred a decision regarding the bitcoin ETF VanEck and SolidX appeared first on crypto.by.