Jamie McKane
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SEC postpones decision on Bitcoin ETF listing
The U.S. Securities and Exchange Commission has postponed a decision on whether to allow the listing of an exchange-traded fund backed by Bitcoin.
The agency now has until Sept. 30 to “approve or disapprove, or institute proceedings to determine whether to disapprove” a proposed rule change from Cboe Global Markets Inc. that would allow the fund from VanEck Associates Corp. and SolidX Partners Inc. to list, the SEC said in a statement.
[Bloomberg]
The U.S. Securities and Exchange Commission has postponed a decision on whether to allow the listing of an exchange-traded fund backed by Bitcoin.
The agency now has until Sept. 30 to “approve or disapprove, or institute proceedings to determine whether to disapprove” a proposed rule change from Cboe Global Markets Inc. that would allow the fund from VanEck Associates Corp. and SolidX Partners Inc. to list, the SEC said in a statement.
[Bloomberg]
