chepicap.com
The SEC is reviewing two Bitcoin ETF proposals, according to a statement from the US Securities and Exchange Commission. Both the VanEck/SolidX proposal and the Bitwise proposal are on the table now.
The VanEck/SolidX proposal, that was filed together with the CBOE Exchange, was added to the federal register this week. Within 45 days, the SEC has to decide whether or not this Bitcoin ETF will be approved. Last week, the Bitwise ETF proposal was added to the books by the SEC. That deadine is in 40 days.
Both decisions can be postponed with another 45 days.
The VanEck ETF was on the SEC table for the first time last year, but had to be withdrawn because of the US government shutdown. By the end of January, VanEck/SolidX refiled the proposal.
More to follow soon...