The U.S. Securities and Exchange Commission (SEC) deferred the final decision on the approvability of the three Bitcoin ETFs to Another. Both of the applications of Bitwise as in the case of VanEck/SolidX it is the last possible delay. The final decisions pro or contra ETF’s fall to on 13. October or 18. October.
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13. August 2019BTC$11.401,00 -0.43%part Facebook Twitter LinkedIn xing mail
The SEC is reached for the approval of a Bitcoin ETF so far, no conclusion. In several documents, the authority yesterday, Monday, may 12. August, published, justified the SEC in the repeated postponement.
The Commission considers it appropriate, the period within which the approval or rejection of the submitted rule change has to be made to extend […]. To this end, the Commission 18. October 2019 as the final date for the approval or rejection of the rule change,
the word is determined according to the official SEC document VanEck-Bitcoin-ETF.
How VanEck Manager Garbor Gurbacs on Twitter commented on the postponement to the last possible. Up to the age of 18. October must be the decision of the SEC.
The VanEck SolidX #Bitcoin #ETF decision has been postponed by the SEC until October 18, 2019 at which point the SEC must either approve or disapprove the proposal. A physical, liquid, insured Bitcoin ETF may serve the public interest. Onwards!
