Sec puts off decision till september 2018

2018-7-26 01:14

The U.S. Securities and Exchange Commission (SEC) has postponed the review of Bitcoin ETFs proposed by investment firm Direxion Asset Management, as it needs more time to study the proposal before reaching a final decision.
In the July 24, 2018, edition of the Federal Register, the SEC said it was postponing its decision on the five ETFs till September 21, 2018.
The five ETFs, which were filed in January, include Direxion Daily Bitcoin Bear 1X Shares, Direxion Daily Bitcoin 1.25X Bull Shares, Direxion Daily Bitcoin 1.5X Bull Shares, Direxion Daily Bitcoin 2X Bull Shares, and Direxion Daily Bitcoin 2X Bear Shares.
The New York Stock Exchange (NYSE) submitted the ETF proposal in question to the SEC on January 4, 2018.
Bitcoin has surged above $8,000 for the first time since May, trading at $8,125.86 at press time.

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sec decision 2018 reaching final proposal needs

Источник: bitcoints.com

sec decision → Результатов: 38


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