SEC Delays Decision on NYDIG’s Spot Bitcoin ETF Proposal

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The SEC has delayed its decision on NYDIG_BTC’s proposal for a spot bitcoin ETF by 60 days to March 16. By NelWang

The U.S.

Securities and Exchange Commission has extended the time period for ruling on NYDIG’s proposal for a spot bitcoin exchange-traded fund by 60 days in order to have “sufficient time to consider the proposed rule change and any comments received.”In recent months, the SEC has rejected spot bitcoin ETF proposals from a number of investment companies, including

 

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NYDIG_BTC NelWang I keep telling people until they hold the SEC's feet to the fire demanding answers to their questions were never going to see one. Why? You cant manipulate a spot funded ETF. Free markets? My ass.

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NYDIG_BTC NelWang The SEC demands pay. No pay, no play.

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NYDIG_BTC NelWang probably not coincidental to anything in particuler, still ...

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NYDIG_BTC NelWang I don't really get why you guys are disturbing with this etf, if they approve it or not, bitcoin will still Survive, Btc doesn't need any sort of etf to survive,

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