SEC continues to delay decisions on crypto ETFs: Law Decoded

Summary:

• The Securities and Exchange Commission (SEC) has once again delayed its decision on spot Bitcoin (BTC) exchange-traded funds (ETFs) despite calls from several U.S. Representatives to immediately approve their listing.
• Decisions on spot Ether (ETH) ETFs from VanEck, ARK 21Shares, and GlobalX have also been delayed until later dates.
• The delays may be related to the narrowly avoided government shutdown in the United States.
• Bitwise Asset Management has responded to the delay of its spot Bitcoin ETF with an amended application, addressing the SEC’s concerns.

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