VanEck Bitcoin (BTC) ETF Verdict Delayed By The SEC

The verdict on VanEck and SolidX’s Bitcoin (BTC) exchange-traded fund (ETF) proposal has just been delayed by the U.S. Securities and Exchange Commission. In a document released on Monday morning, the regulatory agency revealed that it will be exercising its right to delay its decision by another 90 days, to August 19th. The document cited concerns like the prevention of “fraudulent and manipulative acts and practices”, likely in reference to the recent Tether and Bitfinex imbroglio and the Bitstamp flash crash, to back its decision.

VanEck ETF delayed: https://t.co/lHMt4UY8Cv https://t.co/hnkx0lCPg4

Original source
https://ethereumworldnews.com/vaneck-bitcoin-btc-etf-verdict-delayed-by-the-sec/

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