SEC Defers Decisions on Spot Bitcoin ETF, Ether Futures Filings

The US Securities and Exchange Commission yet again has deferred making a decision on whether to approve the first US exchange-traded fund that invests directly in Bitcoin, despite speculation building that approval is just around the corner-bsp-bb-link>.

The primary US securities regulator deferred on a filing from Hashdex to convert its existing Bitcoin futures ETF into a spot fund, according to a document posted on its website Wednesday.

The SEC had until Nov. 17 to respond to the crypto asset manager’s application, which was filed in September. The regulator said it is delaying the decision to 2024, a move …