According to Odaily Planet Daily, the U.S. Securities and Exchange Commission stated in a document released on Tuesday that it would extend the deadline for approving the 7RCC spot Bitcoin ETF and carbon credit futures ETF to November 21.

The SEC indicated that it was necessary to designate a longer period of time for issuing an order approving or disapproving a proposed rule change to allow sufficient time to consider the proposed rule change and comments related to the proposed rule change.