The United States Securities and Exchange Commission continued to delay decisions on Bitcoin exchange-traded funds (ETF). Last year in December, the SEC postponed two major Bitcoin exchange-traded offering proposals. This included NYSE Arca’s “actual” Bitcoin ETF, named Bitwise Bitcoin ETP Trust, and Grayscale Bitcoin Trust’s Bitcoin ETF.There was a lot of uncertainity since the delay. Although this time, there might be a small twist with the recent application
The Gary Gensler-led commission, SEC, has urged Bitwise to provide more information on how it plans to protect investors with its ETF.