SEC Delays VanEck ETF Yet Again

In the Bitcoin industry’s Sisyphean struggle to secure a Bitcoin exchange traded fund (ETF), the boulder is rolling back down the hill.

The U.S. Securities and Exchange Commission (SEC) posted a notice today, May 20, 2019, that it is delaying its decision on the VanEck and SolidX Bitcoin ETF proposal. With this additional extension (the first coming on March 29, 2019), the agency will have until August 19, 2019 to either approve, reject or delay the decision yet again; if it is delayed...

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