The SEC has once again postponed a decision on the application for a Bitcoin ETF by VanEck and SolidX, stating that it needs more time to consider further input.
Bill Barhydt, founder of bitcoin wallet app Abra, says he thinks the SEC will approve an ETF within a year, but only if the right caliber of applicants apply.
Morgan Creek, a capital management company that oversees more than $1.5 billion in assets, has partnered with Bitwise Asset Management to create the Digital Asset Index Fund.
Consistent with a rule that allows the SEC’s Chairman and Commissioners to review decisions delegated to its staff, yesterday's bitcoin ETF disapproval order is up for reviewal.
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