SEC Delays Decision on SolidX Bitcoin ETF

SEC Delays Decision on SolidX Bitcoin ETF

The deputy secretary of the SEC has pushed back the date to approve SolidX's request to list a bitcoin ETF on the New York Stock Exchange. Typically, the SEC has 45 days from the time an application is filed in the federal register to approve a measure, but as we learned last month from a similar application, that timeline can be extended significantly. In line with this, SEC deputy secretary Robert W Errett pushed back the deadline to approve the SolidX bitcoin ETF from 16th September in a notice published to the federal register last week. Errett wrote: "The Commission finds that it....


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