SEC delays decision on VanEck's latest bitcoin ETF application

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SEC delays decision on VanEck's latest bitcoin ETF application
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ICYMI: SEC delays decision on VanEck’s latest bitcoin ETF application

in November after a months-long process. Numerous other attempts to score the SEC's nod for a crypto ETF have failed. In its disapproval orders, the SEC has consistently cited investor protection and market manipulation concerns.on June 29. Grayscale subsequently filed a lawsuit in an effort to challenge that decision.

Though the SEC has rejected all efforts to create the first US bitcoin ETF, it did clear the way for the listing of several futures-tied ETFs. © 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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