Share this article
BTC
$83,568.22
+
0.65%ETH
$1,810.40
+
0.62%USDT
$0.9997
+
0.00%XRP
$2.1339
+
3.68%BNB
$594.44
+
0.01%SOL
$120.96
+
4.10%USDC
$0.9999
-
0.01%DOGE
$0.1689
+
3.07%ADA
$0.6567
+
0.86%TRX
$0.2370
-
0.61%LEO
$9.2176
-
3.19%LINK
$12.86
+
0.07%TON
$3.3151
-
5.06%XLM
$0.2575
-
0.81%AVAX
$18.14
-
1.24%SHIB
$0.0₄1234
+
1.33%SUI
$2.2309
+
1.30%HBAR
$0.1629
+
1.03%LTC
$84.04
+
0.55%OM
$6.2831
+
0.38%Sign Up
- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menuResearch
SEC Delays Decision on Valkyrie Bitcoin ETF Until Next Year
The new date for a decision is Jan. 7, 2022.
The U.S. Securities and Exchange Commission (SEC) has once again delayed its decision on whether to approve Valkyrie’s proposed bitcoin exchange-traded fund (ETF).
- The SEC gave notice Monday that it is extending the deadline for its decision to Jan. 7, 2022.
- The U.S. markets regulator most recently set Dec. 8 as its deadline.
- “The Commission finds that it is appropriate to designate a longer period within which to issue an order approving or disapproving the proposed rule change so that it has sufficient time to consider the proposed rule change and the issues raised in the comment letters that have been submitted in connection therewith,” the notice said.
- While the SEC has approved the listing of bitcoin ETFs linked to the futures market, it has yet to approve funds that provide direct exposure to the underlying asset itself.
Read more: Crypto Fund Inflows Slow After Record Jolt From Bitcoin Futures ETF
STORY CONTINUES BELOW
Jamie Crawley
Jamie has been part of CoinDesk's news team since February 2021, focusing on breaking news, Bitcoin tech and protocols and crypto VC. He holds BTC, ETH and DOGE.
