The US Securities and Exchange Commission (SEC) Delays Decision on 7RCC's Bitcoin ETF Application.

Quick Summary:

Tidal Financial Group partnered with 7RCC to serve as the platform facilitating the creation, operation, and growth of the proposed ETF.

The pivotal Ethereum ETF decision for ARK 21Shares is expected to come this month but there are doubts in the minds of market observers.

Over the years, the SEC has made it a trend to delay its decision on spot crypto ETF filings.

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Article Details

Author / Journalist: Godfrey Benjamin

Category: Crypto

Markets: IndiaUnited States

Topics: 24/7 Cryptocurrency News Spot Bitcoin ETF

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-05-04 @ 01:52:49 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 388 words

Reading Time: 3 minutes read

Sentences: 24 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 20865150

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 44 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

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