Crypto

The SEC postponed the Bitcoin ETF decision and asked the community for help


the US Securities and Exchange Commission ( SEC ), regarding the offer of the Bitcoin ETF offered by VanEck and SolidX. postponed the decision. In addition, the Commission asked the community to help the community make the right decision and comment on the issue, according to the official document published on 20 May. The new deadline for VanEck's proposal is August 19.

The Bitcoin ETF has become insignificant

VanEck and it is worth noting that SolidX has applied for participation in Bitcoin ETF at the end of 2018. The SEC was expected to announce the decision by 27 February; however, postponed several times. Earlier this month, the agency delayed its decision on Bitcoin's ETF offer from Bitwise Asset Management.

Jake Chervinsky, a well known lawyer in the crypto universe
he believes the positive decision is still extremely unlikely. In addition, the SEC
In August, he would not decide anything and the deadline was once again

Meanwhile, according to CoinList's co-founder Andy Bromberg, Bitcoin
ETF has already become insignificant. Andy does with Yahoo Finance on Monday
in the interview he said:

I'm not sure the Bitcoin ETF is so important.
Retail brokers are offering more and more customers Bitcoin
We see. Once you see this widespread use, you can now

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