The SEC has delayed its decision on BlackRock's physical Bitcoin ETF, choosing to seek public input before making progress. This postponement may significantly impact future Bitcoin ETF structures and market dynamics.
Additionally, decisions on Grayscale and 21Shares ETF proposals have also been postponed, indicating cautious regulatory progress. The SEC's approach signifies a potential shift toward more efficient transaction mechanisms that utilize direct Bitcoin subscriptions.
Despite regulatory uncertainties, Bitcoin's price has surged, reflecting ongoing investor interest and market dynamics, supported by Nasdaq's endorsement of the new ETF model.
Full story here: https://coincu.com/337473-sec-delays-blackrock-bitcoin-etf
