SEC Delays Decision on Proposed Bitcoin ETFs!

Crypto Live News

Author: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

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The US Securities and Exchange Commission (SEC) has announced additional proceedings to determine whether proposed spot bitcoin exchange-traded funds (ETFs) from BlackRock, Invesco, Valkyrie, and Bitwise should be approved. In letters regarding the Valkyrie Bitcoin Fund, the SEC asked for input from supporters and opponents of the proposals in an apparent delay to approvals for the funds. The SEC previously put confidence in the creation of such funds on hold in August of this year.

Source: https://coinpedia.org/crypto-live-news/sec-delays-decision-on-proposed-bitcoin-etfs/