SEC stalls proposal yet again; decision pushed to May 2019

SEC stalls proposal yet again; decision pushed to May 2019

The US SEC has delayed making a decision on a Bitcoin ETF proposal filed earlier this year. An application for a Bitcoin ETF was tabled by Bitwise Asset Management with NYSE Arca in February. The SEC stated that a ’longer period’ was necessary to take a decision on the ETF. The exchange plans to provide a decision on the fund by May 16, 2019.

Timothy
Timothy
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