More Bitcoin-ETF Decisions Are Looming After SEC Forgoes Ruling

Bitcoin ETF candidates got another dose of disappointment when US regulators on Friday punted on making a decision on such a product. But the next time they hear from them might be just a few weeks away.

The US Securities and Exchange Commission needs to come to a conclusion on the Bitwise Bitcoin ETP Trust by Sept. 1, according to a Bloomberg Intelligence tally. Regulators can reject, approve or delay. Decisions for applications from BlackRock, VanEck, WisdomTree and Invesco are due just a day later, with others following closely behind.

Crypto adherents are keeping track of the dates because …

https://news.bloombergtax.com/daily-tax-report/more-bitcoin-etf-decisions-are-looming-after-sec-forgoes-ruling

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