U.S. SEC delays decision on listing of Bitwise spot bitcoin ETF

Feb 1 (Reuters) – The U.S. Securities and Exchange Commission said on Tuesday it had not decided on whether to allow the listing of a spot bitcoin exchange-traded fund by Bitwise Asset Management, and asked for public comments on aspects of the fund’s application.The regulator said it would institute proceedings to decide whether to approve or reject the listing of Bitwise Bitcoin ETP Trust on Intercontinental Exchange Inc’s (ICE.N) NYSE Arca exchange.The delay comes after the SEC has denied spot bitcoin ETFs by several issuers in recent months, including Fidelity, SkyBridge, and Valkyrie, all of which sought …
Read more…….