Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Will SEC approve BITCOIN ETF ?
by
gentlemand
on 24/01/2019, 03:02:04 UTC
⭐ Merited by mirakal (1)
Does anyone read the news?

It looks like most people writing on here don't understand a word of English so probably not.

However as above it's not a refusal. It's a withdrawal brought on by the shutdown. Looks like they've decided not to waste their time while things are as they are.

https://www.coindesk.com/cboe-withdraws-proposal-for-vaneck-solidx-bitcoin-etf

“We were engaged in discussions with the SEC about the bitcoin-related issues, custody, market manipulation, prices, and that had to stop. And so, instead of trying to slip through or something, we just had the application pulled and we will re-file when the SEC gets going again,”

I presume that means endless months of deferrals again before the eventual proper refusal.