SEC Again Delays VanEck Bitcoin ETF Decision
This is the second time the regulator has extended its review period of the VanEck bid by 45 days.
Investment firms Van Eck and ProShares have both withdrawn their applications with the SEC for approval of ether futures ETFs, just two days after filing them.
The Ethereum Strategy ETF would invest in ETH futures contracts and an array of other indirect ether products.
Bloomberg Intelligence’s James Seyffart thinks a bitcoin futures ETF could get approved as soon as October.
VanEck unsuccessfully tried to list a similar fund in 2017.
The fund, managed by Gregory Krenzer, will invest in bitcoin futures and exchange-traded products with bitcoin exposure.