The SEC (Securities Exchange Commission) in the US has delayed the VanEck Bitcoin-based ETF approval/disapproval once again. However, a lot of positive outcomes was seen this time around. The Regulators doubts now surround the volume and range of Bitcoin markets, rather than its fundamental nature of being a digital currency. Also Read: Bitcoin ETF Update: SEC
So finally, US SEC released an update for the most-awaiting VanEck Bitcoin ETF on May 20, 219 – but not what everyone was most optimistically expecting. SEC’s decision by VanEck ETF is delayed yet again. According to the official SEC filing on May 20, 2019, the exchange seeks more information on the proposed rule changed.
The United States Securities and Exchange Commission (SEC) is scheduled to draw its final conclusion on VanEck Exchange-Traded Fund (ETF) on 21 May. As the day draws nearer, the cryptocurrency community is curious and asking questions such as what will happen to Bitcoin when the decision is made? A cryptocurrency trader Josh Rager says the