Firstly, it means the SEC is finally listening to the public as to why the Bitcoin ETF should be approved. Ethereum World News had recently reported that the SEC had received 683 public comments on its website with regards to the CBOE sponsored ETF.
The SEC has since clarified that this number is over 1,300 when they stated the following:
The proposed rule change was published for comment in the Federal Register on July 2, 2018. As of August 6, 2018, the Commission has received more than 1,300 comments on the proposed rule change.
Here Is Why The Bitcoin (BTC) ETF Delay By The SEC Was Expected and Is Actually A Good Thing
The crypto-verse is a buzz with news of the SEC deciding to postpone their decision on the pending rule change brought about by the Bitcoin (BTC) ETF filing by the three firms of CBOE, VanEck and SolidX. The unfortunate part, is that the crypto markets have since spiraled out of control with the total crypto […]
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