Open Demo Account
Home / Market Update / Cryptocurrency / SEC Delays Decision on Bitcoin ETF

SEC Delays Decision on Bitcoin ETF

M. Ali 17 June, 2021 5:23 am Cryptocurrency, Market Update

The U.S. Securities and Exchange Commission (SEC) has delayed for the second time its decision on the first Bitcoin exchange-traded fund (ETF).

VanEck, an ETF and mutual fund manager, proposed an ETF for the world’s largest cryptocurrency and an SEC approval was delayed in April.

The SEC reportedly wants to know whether traders will be able to buy or sell large amounts of Bitcoin without significant market impact.

Tags

Check Also

Dollar Falls as Weak PPI Data Stokes Rate Cut Hopes

The U.S. Dollar tumbled on June 12, 2025, dropping to 98.00 on the U.S. Dollar …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends