The United States Securities and Exchange Commission has delayed rulings on five spot Bitcoin exchange-traded fund (ETF) applications. Analysts had tipped the chances of a spot Bitcoin (BTC) ETF by year’s end to 75% after a recent victory by Grayscale against the SEC. Meanwhile, a New York district judge has dismissed a class-action lawsuit against Uniswap.
SEC delays ruling on six spot Bitcoin ETFs
Predictably, the U.S. Securities and Exchange Commission (SEC) has kicked the can down the road on six spot Bitcoin ETF applications.