The U.S. Securities and Exchange Commission (SEC) has postponed its decision on Bitwise's proposal to permit in-kind redemptions for its Bitcoin and Ethereum exchange-traded funds (ETFs). The regulatory body has set a new deadline of September 8 for its ruling. This delay marks another instance of the SEC taking additional time to evaluate cryptocurrency-related financial products.
SEC Delays Decision on Bitwise ETF Proposal to September 8
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