VanEck has accused the U.S. Securities and Exchange Commission (SEC) of delaying crucial decisions regarding its Bitcoin exchange-traded fund (ETF) applications, prompting frustration from both the company and investors. VanEck, represented by Matthew Sigel, expressed dissatisfaction with the lack of explanations for repeated SEC delays in approving their CBOE spot Bitcoin ETF filing. Sigel’s public post on X highlighted the continued absence of clarity from the SEC regarding these decisions, leading to confusion and uncertainty among companies attempting to comply with regulatory guidelines. 2025 has seen a surge in new applications, despite these uncertainties, driven by the belief that early market access will ultimately outweigh any potential hurdles.