Same old story – it’s getting boring! The SEC announced it is delaying its decision on 3 Bitcoin ETFs, and published the following dates.
The VanEck ETF decision will be made on October 18, 2019, the Bitwise ETF listing on NYSE Arca will be decided on October 13, 2019, and the decision on Wilshire Phoenix’s United States Bitcoin and Treasury Investment Trust has been postponed to September 29, 2019.
“The Commission finds it appropriate to designate a longer period within which to issue an order approving or disapproving the proposed rule change so that it has sufficient time to consider this proposed rule change.”SEC statement on why the Bitcoin ETF decision was delayed
This delay comes after first delaying the decisions in March, and then again in May.