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New Sec, the same story. US SEC shifts decisions about four Bitcoin ETF applications until the end of the year
The United States Sec has postponed the decisions of four Bitcoin ETF applications, whereby the crypto community is now used to making the regulatory authority such steps such steps shifting to four Bitcoin ETF proposals The United States Securities and Exchange Commission (SEC) announced at the weekend that they did not make any decisions about four bitcoin until the end of the year Exchange Traded Funds (ETF) applications will make. The cryptocurrency community was optimistic that the US SEC, led by Gary Gensler, would see cryptocurrencies positively and at least approved a Bitcoin ETF. This optimism is the reason why numerous investment companies Bitcoin and Ether ETF suggestions in ...
New Sec, the same story. US SEC shifts decisions about four Bitcoin ETF applications until the end of the year
The United States Sec has postponed the decisions about four Bitcoin ETF applications, whereby the crypto community is now used to making the regulatory authority such steps
SEC shifts decisions on four Bitcoin ETF suggestions
The United States Securities and Exchange Commission (SEC) announced at the weekend that by the end of the year they will not make any decisions about four Bitcoin Exchange Traded Funds (ETF) applications.
The cryptocurrency community was optimistic that the US SEC under the leadership of Gary Gensler would see cryptocurrencies positively and at least approved a Bitcoin ETF. This optimism is the reason why numerous investment companies have submitted Bitcoin and Ether ETF suggestions to the SEC in recent months.
However, it didn't work out as crypto enthusiasts expected. The regulatory authority still has to approve a single crypto ETF application, and Gensler is working hard to regulate the wider cryptocurrency area.
The regulatory authority has the habit of extending the review period of the Bitcoin ETF applications before it finally rejects them. According to the SEC, it considers it reasonable to determine a longer period of time to check the Bitcoin ETF applications before deciding on its approval or rejection.