by: xpoolPosted on:

SEC Delays Decision on Polkadot and Hedera ETFs

The U.S. Securities and Exchange Commission (SEC) has postponed its decision regarding the approval of two proposed cryptocurrency exchange-traded funds (ETFs) based on Polkadot (DOT) and Hedera (HBAR). The agency cited the need for additional time to thoroughly review the ETF proposals, including addressing public comments before issuing a final verdict. This delay pushes back the previously expected June 11 deadline. While originally scheduled for a decision by June 11th, the SEC has now extended its review period to allow ample time for comprehensive examination and input gathering before reaching a conclusion.

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