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SEC delays decisions on Bitwise and Grayscale’s Bitcoin ETFs
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The United States Securities and Exchange Commission (SEC) continues to delay decisions on Bitcoin (BTC) exchange-traded funds (ETF), issuing two fresh deadline extension notices.
On Dec. 15, the SEC postponed two major Bitcoin exchange-traded offering proposals, including NYSE Arca's "actual" Bitcoin ETF, named Bitwise Bitcoin ETP Trust, and Grayscale Bitcoin Trust’s Bitcoin ETF.
The SEC now expects to decide whether to approve or disapprove, or “institute proceedings to determine whether to
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