USSEC Reserves Verdict On VanEck ETF Application

The United States Securities and Exchange Commission (SEC) has delayed its decision on the VanEck bitcoin exchange-traded fund (ETF) proposal. The SEC has added a 35 day period for gathering more information and opinions on the proposal, which was initially filed by the Chicago Board Options Exchange (CBOE) last year. The SEC previously delayed its decision on the Securities Act update proposal which would allow bitcoin ETFs to be traded on CBOE.

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