SEC Postpones its Decision on Bitwise's Bitcoin ETF
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The U.S. Securities and Exchange Commission has postponed once again its decision on the approval of Bitwise's Bitcoin ETF, CoinDesk reported yesterday.

The application, which estates this new instrument would be launched in NYSE Arca, was filed back in January. The SEC had to make a decision before May 16.

In addition, the deadline for the SEC to decide whether it approves or not VanEck's and SolidX's Bitcoin ETF expires on May 21.

The last time the SEC postponed the decision on Bitwise's and VanEck/SolidX's applications was at the end of March.

Last week, Crypto Crescent Asset Management announced its intention to launch an ETF that would expose its users to Bitcoin and Ethereum. However, the application has not been filed yet.

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