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SEC Hopes To Solicit More Feedback On VanEck Bitcoin ETF
Summary: With one day left before the scheduled resolution date, the U.S. Securities and Exchange Commission (SEC) stated that when considering whether to approve the Bitcoin Exchange Traded Fund (ETF) filed by VanEck, it hoped to get more feedback on the proposed rule changes, according to an announcement released Wednesday. In late April, the SEC issued a ...
With one day left before the scheduled resolution date, the U.S. Securities and Exchange Commission (SEC) stated that when considering whether to approve the Bitcoin Exchange Traded Fund (ETF) filed by VanEck, it hoped to get more feedback on the proposed rule changes, according to an announcement released Wednesday.
In late April, the SEC issued a notice delaying the VanEck Bitcoin ETF's resolution to June 17.
In today's announcement, the SEC mentioned that it may reject the application in accordance with the rules of the National Stock Exchange "designed to prevent fraudulent and manipulative acts and practices" and "to protect investors and the public interest."
After the announcement is published in the Federal Register, commenters should submit comments within 21 days, and counter comments should be submitted within 35 days.
By Mary Liu
Tags: Bitcoin,Bitcoin ETF,SEC,VanEck
Link: SEC Hopes To Solicit More Feedback On VanEck Bitcoin ETF [Copy]
