By: MOS Medical Team – QuentinG
The U.S. Securities and Exchange Commission’s SEC on Friday pushed back the deadline for a decision on bitcoin ETF applications until November. The agency put four applications, including Global X Bitcoin Trust, on hold.
At least 20 companies are said to have applied to become the first crypto fund in the U.S. SEC Chairman Gary Gensler, while he has been cracking down on cryptocurrencies, has also recently taken a more open-minded approach to cryptocurrency ETFs, arguing that ETFs that meet strict rules can provide protection for investors.
Article: SEC Again Delays 45 Days of Making Decision on Bitcoin ETF, the First Crypto Fund in U.S. History
Posted by: Xueli
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