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Bitcoin ETFs Will Either Launch Or Die This October, SEC Confirms
The US Securities and Exchange Commission (SEC) must approve or disapprove at least two Bitcoin exchange-traded funds (ETFs) this October. In filings released August 12, the SEC chose to postpone final judgement on three ETFs it is currently considering. The offerings, sponsored by VanEck/SolidX, Bitwise and Wilshire Phoenix, all came before the regulator earlier this year. “The Commission finds it appropriate to designate a longer period within which to issue an order approving or disapproving the proposed rule change so that it has sufficient time to consider this proposed rule change,” a summary common to all ... (full story)