Bitcoin operates sharply after SEC postpones decision on ETF by BlackRock and other managers


The agency's president justified the opposition as necessary to protect investors from a market that, according to him, is full of fraud
Bitcoin (BTC) and the main cryptocurrencies operate in a sharp fall this Friday morning (1) amid the latest cold water shower thrown on the crypto industry by the United States Securities and Exchange Commission, the SEC.
On Thursday afternoon (31), the capital market sheriff of the largest economy in the world once again postponed the decision on the ETF (exchange-traded fund) with direct exposure to BTC, just as he did at the beginning of last month with Ark Invest.
The SEC has postponed its opinion on applications made by asset managers Bitwise, VanEck, Invesco, Valkyrie and WisdomTree, according to documents published on its website yesterday. A BlackRock spokesperson told Bloomberg that review of the company's application has also been delayed.
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