SEC Delays Decision on 7RCC’s Spot Bitcoin and Carbon Credit Futures ETF

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SEC delays 7RCC Spot Bitcoin ETF decision, extending the review period until November 21, 2024.The U.S.

Securities and Exchange Commission (SEC) stated that it requires more time to thoroughly evaluate the 7RCC Spot Bitcoin and Carbon Credit Futures ETF proposal and the public comments it has received, according to The Block.

In its statement, the SEC highlighted that additional time is necessary to ensure a thorough assessment of both the ETF’s structure and the comments provided by industry participants.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: SEC Latest News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-05 @ 04:22:38 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 308 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 20 words per sentence (average)

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Copyright Owner: © BitcoinWorld

News ID: 22372311

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