SEC Punts on Bitcoin ETF as Unfazed Crypto Bulls Dig in Their Heels

By CCN: The U.S. Securities and Exchange Commission has decided once again to kick the can on its decision about a bitcoin ETF. In a ruling published today, the securities watchdog revealed that an answer on the VanEck/SolidX Bitcoin ETF as proposed by the Cboe would be postponed for another 90 days, pushing the deadline back to August 19. The crypto community wasn’t shocked by the announcement, but the bitcoin price has retreated modestly from Sunday’s fresh 2019 highs. Despite the pullback in the bitcoin price, the cryptocurrency market has several major catalysts this year that will continue to fuel

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SEC Punts on Bitcoin ETF as Unfazed Crypto Bulls Dig in Their Heels written by Gerelyn Terzo @ https://www.ccn.com/sec-punts-bitcoin-etf-crypto-bulls May 20, 2019 Gerelyn Terzo

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