US SEC to decide on Bitcoin ETFs by October 26th

US SEC to decide on Bitcoin ETFs by October 26th

The U.S. SEC seeks to receive opinions on the nine different bitcoin exchange-traded funds by 26th October. The authority has rejected the proposals in connection with ProShares, GraniteShares, and Direxion. It scheduled a timeline to review the rule change proposals made in connection with the bitcoin ETFs. The disapproval of proposals would remain in effect.

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