SEC Delays Decision on NYDIG’s Spot Bitcoin ETF Proposal

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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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