2018-7-24 21:20 |
The U.S. Securities and Exchange Commission (SEC) has delayed making a decision on whether to approve five bitcoin-related exchange-traded funds (ETFs) until September, public documents reveal on Tuesday.
Accordingly, the Commission, … designates September 21, 2018, as the date by which the Commission shall either approve or disapprove the proposed rule change.”
The SEC added that it only received two comments on the proposed ETFs.
“Then they’re putting a rubber stamp on it as an asset, and I don’t think governments want to go there yet.
More than 100 comments have been submitted for that proposal, and a decision may occur as soon as next month.