Bitcoin ETF: SEC postpones decision, Bitcoin price continues to rise

in #steemit7 years ago (edited)

Direxion ETFs:

"The Commission considers it appropriate to determine a longer period during which an order can be issued to approve or reject the proposed rule change[to Bitcoin ETF]. The SEC needs sufficient time to examine this proposal carefully. Accordingly, pursuant to Section 19(b)(2) of the Act, the Commission has designated 21 September 2018 as the date."