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The U.S. Securities and Change Fee (SEC) has as soon as once more delayed its resolution on approving Valkyrie’s proposed bitcoin exchange-traded fund.The SEC gave discover Monday that it’s extending the deadline for its resolution to Jan. 7, 2022.The U.S. markets regulator most lately set Dec. 8 as its deadline.“The Fee finds that it’s acceptable to designate an extended interval inside which to difficulty an order approving or disapproving the proposed rule change in order that it has adequate time to contemplate the proposed rule change and the problems raised within the remark letters which were submitted in connection therewith,” the discover stated.Whereas the SEC has permitted the itemizing of bitcoin ETFs linked to the futures market, it’s but to approve funds that present direct publicity to the underlying asset itself.Learn extra: Crypto Fund Inflows Gradual After File Jolt From Bitcoin Futures ETF
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