Bitcoin ETF Verdict Delayed Again
According to a breaking report from CoinDesk, the verdict on the Bitcoin (BTC) exchange-traded fund (ETF) application from California-based crypto upstart Bitwise Asset Management has been delayed once again. In a document published Tuesday morning, the U.S. Securities and Exchange Commission (SEC), who presides over such products, revealed that it won’t be issuing a final verdict (approve or deny) just yet.
It appears that the SEC will need to issue its next comment on this crypto-backed investment vehicle in another 45 days or so.
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