Bitcoin ETF reached the US SEC office again. CBOE, VanEck and SolidX, the co-applicants this time, individually had faced rejection before. Still, the applicants and a lot of people having a close eye over this event, believe this time SECs stance could change.This application was not the first attempt to reach the SEC. It had been rejected before. The applicants too werent new to this.
It is nice to request additional information. But that doesn't mean it's still to be approved. It is not easy to accept because of a number of arrangements. Bitcoin exceeds the monthly and annual volumes of ETFs approved by the SEC.