BitOne Capital | The U.S. Securities and Exchange Commission (SEC) delayed a decision on another bitcoin (BTC, -3.95%) exchange-traded fund (ETF), this time one from Valkyrie Digital Assets.

June 23, 2021

by Jamie Crawley in Most Useful

| 158 views | June 23, 2021 | 9:02 am

In a filing Tuesday, the SEC said it extended the 45-day window to make a decision, which was due to expire June 26.
The SEC designated Aug. 10 as the revised date for a decision on the Valkyrie Bitcoin Fund.
This announcement comes a week after the SEC delayed judgment on the VanEck Bitcoin Trust for a second time, requesting interested parties to answer questions on the susceptibility of a bitcoin ETF to market manipulation.
An application by WisdomTree was delayed on June 2.
The delay on Valkyrie’s application, therefore, was not unexpected.

The U.S. Securities and Exchange Commission (SEC) delayed a decision on another bitcoin (BTC, -3.95%) exchange-traded fund (ETF), this time one from Valkyrie Digital Assets.