The US Securities and Exchange Commission (SEC) has just delayed the deadline to make a decision on the applications filed by WisdomTree and One River to launch spot Bitcoin ETFs to April 3 and June 2, respectively.
According to the document published by the regulator:
"The Commission finds that it is appropriate to designate a longer period within which to take action on the proposed rule change so that it has sufficient time to consider the proposed rule change and any comments received."
We should remember that One River Asset Management filed in May last year an application to launch a carbon-neutral Bitcoin ETF. According to the application, the ETF includes an obligation to purchase "carbon credits" to offset the CO2 emissions associated with mining the assets purchased.
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In addition, the SEC rejected WisdomTree's application last December 3, and the company amended the document and refiled it last month.
The commission has not yet approved any application to launch a spot Bitcoin ETF.