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SEC Continues to Stall on BTC ETFs, All in Wait for Breakthrough
The long and uncertain road toward crypto exchange-traded funds (ETFs) being approved by the United States Securities and Exchange Commission (SEC) took its latest turn on Aug. 12, when the regulatory body once again delayed its decision on three ETF proposals. Below is a timeline of all the past and ongoing Bitcoin ETF proposals: image Similar to stocks in that they are traded on exchanges, ETFs are baskets of securities. ETFs track an index or basket that are proportionately represented in the fund’s share. The development and regulation of crypto ETFs are closely followed by a range of investors for two ... (full story)