Bitcoin ETF delayed, again

In case anyone was concerned , here’s the latest :

Bitcoin ETF delayed, again

” The crypto industry can count on SEC commissioner Hester ‘Crypto Mom’ Peirce for support. Peirce has spoken out several times in support of a Bitcoin ETF, but she has also urged caution and at the end of 2018 she seemed to suggest that patience is required.

“It could be 20 years from now or it could be tomorrow,” said Peirce on a possible ETF timeline. “Don’t hold your breath. The SEC took a long time to establish Finhub. It might take even longer to approve an exchange traded product.”

Even so, the SEC cannot postpone its decisions indefinitely, and in October it must make a final decision on whether to accept or reject two of the proposals. Tick-tock.

The updated deadlines are:

Wilshire ETF proposal: September 29 (This proposal can be delayed another 150 days) Bitwise ETF proposal: October 13 (Final deadline for a decision, no more delays) VanEck ETF proposal: October 18 (Final deadline for a decision, no more delays) ”

Expert Asked on August 13, 2019 in Bitcoin.
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