The Securities and Exchange Commission delayed a decision on the Global X Bitcoin Trust 19b-4 rule change on Friday.
The expected delay follows a slew of similar delays this week. The SEC has delayed proposed rule changes for both ether and bitcoin spot ETF rule changes.
The Commission previously delayed a decision back on Sept. 26 due to concerns at the time of a government shutdown. The SEC had a deadline of Nov. 21 to delay, greenlight or reject the Global X filing.
The filing opens up a comment period on the application which is expected to last 35 days after it is published in the Federal Register.
Bloomberg analyst James Seyffart pointed out in a post on X that the delay was…
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