Express

SEC Postpones VanEck Bitcoin ETF Decision To At Least June

Mary Liu

Summary: The SEC announced today that it will postpone the decision of the VanEck Bitcoin ETF until at least June, claiming that it needs to ensure "enough time" to review the proposal.  The document stated: "The Commission designates June 17, 2021, as the date by which the Commission shall either approve or disapprove, or institute proceedings ...

The SEC announced today that it will postpone the decision of the VanEck Bitcoin ETF until at least June, claiming that it needs to ensure "enough time" to review the proposal. 

The document stated: "The Commission designates June 17, 2021, as the date by which the Commission shall either approve or disapprove, or institute proceedings to determine whether to disapprove, the proposed rule change". 

VanEck filed an ETF proposal at the end of 2020, and the SEC is in the process of reviewing Kryptoin and WisdomTree's Bitcoin ETF.

By Mary Liu

Last Update:

Tags: ,,
Link: SEC Postpones VanEck Bitcoin ETF Decision To At Least June   [Copy]
Next:

Related Articles

  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 7 hours ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 4 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 6 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 8 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 11 days ago

    • You need to login to comment.