Bitcoin (BTC) Soars Amid Weak US Data; SEC Announces New Bitcoin ETF Decision

• The U.S. Securities and Exchange Commission (SEC) has announced a delay in its decision regarding the proposed 7RCC Spot Bitcoin and Carbon Credit Futures ETF.
• This decision comes simultaneously with a rise in Bitcoin following U.S. data releases.
• The SEC has stated it needs more time to evaluate the next steps for ETFs focusing on carbon credit futures contracts and Bitcoin.

The SEC postpones its decision on the proposed 7RCC Spot Bitcoin and Carbon Credit Futures ETF, citing the need for additional time to evaluate the next steps. This comes as Bitcoin experiences a surge following U.S. data releases.

SEC Delays Decision on Bitcoin and Carbon Credit Futures ETF

The SEC has announced that it will postpone its decision regarding the proposed 7RCC Spot Bitcoin and Carbon Credit Futures ETF. The commission stated that it needs more time to evaluate the next steps for ETFs focusing on carbon credit futures contracts and Bitcoin. The decision will be made by June 24, 2024, giving the commissi... Read the full article for FREE at COINOTAG!