💦The US Securities and Exchange Commission has once again delayed making a decision on whether to approve the first US exchange-traded fund to invest directly in Bitcoin, despite speculation that approval is close.
The top US securities regulator delayed an application from Hashdex to convert its existing Bitcoin futures ETF into a spot fund, according to documents posted on its website on Wednesday.
The SEC also delayed the application for Grayscale's Ethereum futures ETF. The SEC said it would delay its decision until 2024.
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