The U.S. Securities and Exchange Commission (SEC) has once again postponed decisions on the spot ETFs for Canary on PENGU and Grayscale on Cardano. This is another pause in the approval process for exchange-traded funds in the U.S. that provide direct access to cryptocurrency prices.
The applications are aimed at attracting a wide audience to invest in cryptocurrencies. However, regulators have decided to extend the review period to more thoroughly assess the proposed ETFs. This step underscores the SEC's caution regarding financial products related to cryptocurrencies.#Bubblemaps #Treehouse #Caldera @Bubblemaps.io @Treehouse Official @Caldera Official
