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SEC Will Release the Decision on Bitcoin ETF in February

One could probably create a movie out of the notorious Bitcoin ETFs and their unfortunate fate. They were rejected, returned for further review, rejected again, criticized, once again rejected, but not on the official level. The final decision was supposed to see the world this fall, however, it never happened.

Now, the Commission is postponing the date again. The official notice published by the SEC states:

The Commission designates February 27, 2019, as the date by which the Commission shall either approve or disapprove the proposed rule change.”

Given the fact, that the SEC representatives themselves give rather broad hints that BTC ETFs are not likely to be approved, another delay seems a strange way to proceed, but the crypto community can do nothing but wait till February.

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