SEC Delays Decision on Bitwise Bitcoin ETF The US Securities and Exchange Commission has once again postponed the decision on Bitwise's Bitcoin ETF, CoinDesk writes this Tuesday.

SEC postpones Bitwise's Bitcoin ETF decision

The US Securities and Exchange Commission has once again postponed the deadline for making a decision on Bitwise's Bitcoin ETF, CoinDesk writes this Tuesday..

Bitwise completed its application in January this year, thus joining the firms VanEck and SolidX, which are also forced to await the regulator's decision..

SEC made the previous decision to extend the deadlines for considering applications by Bitwise and VanEck / SolidX at the end of March, postponing its next statement on this matter until May.

The latter of its intention to create an exchange-traded fund pegged to cryptocurrencies, in this case Bitcoin and Ether, was announced by Crypto Crescent Asset Management last week. She has submitted a prospectus for her instrument under the ticker XBET, but has not yet completed the preparation of the necessary documentation..

In March, Bitwise prepared a presentation for the SEC, in which it drew the regulator's attention to the improvement in the market situation among the leading cryptocurrency exchanges, despite the significant share of fraud in the segment as a whole..

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