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CBOE tried a couple of times while the SEC Postpones Decision on Crypto ETF again

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CBOE tried a couple of times while the SEC Postpones Decision on Crypto ETF again

Image – news.ibinex.com

The US Securities and Exchange Commission (SEC) yesterday again reorganized its decision on another planned bitcoin ETF.

In a bid to launch an ETF that is supported by real bitcoins rather than futures, that would have been the initial financial product of its kind, the application was filed by CBOE in association with money management firm VanEck and blockchain company SolidX in June 2018.

On this juncture, the SEC stated that it has postponed its decision on the projected ETF for another three months, namely August 19, 2019, after it has rejected the same application thrice previously.

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