The US SEC has postponed the decision on Bitwise BITW's application to convert into an ETF until July
According to a public regulatory document, the US SEC will postpone the decision on Bitwise 10 Crypto Index Fund (BITW) converting to an ETF until late July. This means that whether Bitwise ETF can be approved still requires a longer wait. In addition, Bloomberg ETF analyst James Seyffart pointed out that the next deadline for Grayscale's GDLC is February 2nd. It is also expected to be delayed.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Report: South Korea plans to introduce new cryptocurrency law in the second half of 2025
South Korea plans to introduce a new cryptocurrency bill in the second half of 2025