Bitcoin ETF Not Ready Yet
The SEC president, who made important statements on September 9th, stressed that although important steps have been taken on the Bitcoin ETF, it is still “work to be done”.
Clayton had previously stated that the US regulator had made significant strides in its Bitcoin ETF, but stressed that more was needed for regulated markets.
About a few weeks ago, the SEC decided to postpone all three by making a new decision for all three highly anticipated ETFs. With this recent postponement, the SEC has exercised its final reprieve for VanEck & SolidX ETFs, and it has to be based on either a complete rejection or acceptance of the next decision.