VanEck-SolidX Bitcoin ETF delayed by SEC for public comments72

The VanEck-SolidX Bitcoin ETF was delayed another five weeks in an order issued by the Securities Exchange Commission. So far, the Commission is unconvinced that BTC is sufficiently resistant to price manipulation to allow listing on public exchanges, among other concerns.

The decision on the VanEck ETF is the latest in a string of delays from the SEC on approving any of the seven pending Bitcoin ETF proposals. Among the ETFs pending include proposals from Bitwise, Grayscale, Winklevoss, and VanEck.

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