Cryptocurrencies
Bitcoin ETFs Delayed Again as SEC Seeks Comment on Fund Plan
- Agency asks for more input on Van Eck, SolidX application
- Ruling on request had already been postponed to September
This article is for subscribers only.
The wait for an exchange-traded fund that invests in Bitcoin has been pushed out until at least the end of the year as the U.S. regulator seeks comments on a listing request.
Despite already receiving more than 1,400 comment letters on a proposal to list an ETF from Van Eck Securities Corp. and SolidX Management, the Securities and Exchange Commission is inviting more feedback, the agency said Thursday in a filing. Those who wish to comment have 21 days after the SEC’s order is published in the Federal Register, while rebuttals have 35 days from that date.